Detailed Analysis of Discounted Cryptocurrencies: $ORCA, $ACX, $FTT

The cryptocurrency market is proving the architecture of a selling wave, with many coins recording significant price declines. Among them, $ORCA and $ACX are leading the downward trend, attracting the attention of traders. Below is a detailed analysis of the key variables and values to watch.

1. ORCA - The strongest decrease, selling pressure increases ORCA recorded a 9.07% decrease, currently trading at $5,636. This significant decrease indicates significant selling pressure, which may result from a period of previous price increases or natural market adjustments. Technical analysis: ORCA is approaching the important support level at $5.50. If it cannot maintain this capability, the price may continue to decline, opening up lower base tests. On the contrary, if the price is found stable in this support area, ORCA may create short-term recovery opportunities.Trading advice: Traders need to closely monitor reversal signals at support levels, while considering digital risk management to avoid risks from deeper downward trends.
2. ACX - Reduce depth, test support area ACX decreased by 7.94%, trading at $0.8657. The pessimistic sentiment decline in the market for this currency, as selling pressure increases. Technical analysis: The important support area of ACX is identified around $0.85. If this area is broken, ACX may continue to adjust to a deeper level, putting advisors at a disadvantage. However, if the price maintains support above this level, the possibility of recovery may occur. Trading advice: Please monitor the trading volume to determine the strength of selling pressure. Increasing volume accompanied by measuring support will be a negative signal, while gradually decreasing volume may indicate weakening selling pressure.
3. FTT, OM, DEXE - Slight decrease, more stable trend While ORCA and ACX are under significant downward pressure, other currencies such as FTT, OM, and DEXE show a smaller degree of error, reflecting a brighter trend of stability amidst market fluctuations. FTT: Decreased by 2.30%, trading at a significant support level of $3.20. Maintaining this zone will be the key to avoiding further decline. OM: Slightly decreased by 1.34%, showing signs of consolidation near the current level. This suggests that OM may be in a phase of rapid accumulation, waiting for a new catalyst. DEXE: Decreased by 0.51%, the lowest decrease among the mentioned currencies. This could be a positive signal as DEXE has found stability in the downtrend. Conclusion and trading strategy The overall cryptocurrency market currently shows a clear resolution between the types of currencies. Although some coins like ORCA and ACX are under strong selling pressure, other coins like FTT, OM, and DEXE show relative stability. Shorten the transaction time of the strategy: Track the support levels of ORCA ($5.50) and ACX ($0.85) for support zones to look for signal feedback. For FTT, OM, and DEXE, quickly buy in if strong signals appear. Risk management: Transactions need to establish reasonable stop-loss orders to limit aggregate losses in the continued decline. At the same time, avoid using high leverage in an unstable market phase. In general, monitoring technical balance and applying a reasonable trading strategy will help the consultant navigate the cryptocurrency market more effectively in this fully formulaic phase. DYOR! #Write2Win #Write&Earn $FTT {spot}(FTTUSDT)