Price: 1.845 | EMA7: 1.91 | EMA25: 1.93 | RSI14: 37.43 | Resistance: 2.335 | Support: 1.701 | Average Volume: 116107.68 | Volume Trend: Decreasing
ORCAUSDT is showing bearish momentum.
* **Price is below both EMA7 and EMA25, indicating a downtrend.**
* **RSI is below 50, confirming bearish sentiment.**
* **MACD is negative, further supporting the downtrend.**
**Entry:**
* **Short Entry:** Consider a short position around 1.88 (above current price) targetting support at 1.701.
* **Long Entry:** Not recommended at this time due to the prevailing downtrend.
**Spot Buy:**
**Avoid buying.** Wait for a reversal signal or a clear breakout above resistance before considering a spot buy.
**Monitor:** Watch for volume to increase as this could signal a potential shift in momentum.