$ORCA FAILED TO RECLAIM $3 — Now trading at MAJOR SUPPORT

Guys, price is facing more selling pressure after getting rejected from $3.329.

As we discussed earlier, price failed to sustain the breakout and lost the short-term support. Now it's trading around $2.41, approached a major support zone.

The chart is showing a clear cooldown after the massive rally. Price is below MA7 ($2.428) and MA25 ($2.561), while MACD remains negative. Buyers need to step in soon to prevent another leg down.

Here are the key levels I'm watching:

If buyers defend the current $2.30–$2.40 zone, ORCA still has potential for a relief bounce.

But I strongly recommend keeping the stop-loss at $2.25 for the long setup. If price loses $2.20, the structure gets weaker, and I’d look for a short opportunity toward: $2.00, $1.80

The $1.80 zone is the next major support to watch. If selling pressure accelerates and that level also breaks, we could see further downside toward $1.50–$1.30.

For now, I'm watching how price reacts around the current support. A bounce is possible, but don't assume the bottom is in until buyers show strength.

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