Orochi (ON) is now one of the most interesting coins on my watchlist.
Looking at the 1W chart, this doesnât look like an ordinary pump. đ„
đ Technical View:
đč Current Price: around 0.417
đč Previous Major Bottom: 0.0604
đč Recent High: 0.4481
đč Price has already made a massive move from the bottom đ
The most important area right now is:
đ 0.448 â 0.468 resistance zone
If Orochi (ON) can break above this zone with a strong weekly close and maintain good volume, it could potentially start another bullish leg.
đŻ Key Levels:
đą Support: 0.382 â 0.297
đą Strong Support: 0.212
đŽ Resistance: 0.448 â 0.468
đ Bullish Scenario
A strong breakout above 0.468, followed by a successful retest, could open the door for higher targets.
â ïž Bearish Scenario
If price gets rejected from the current resistance zone, I wouldnât chase the move. Iâd rather wait and see how price reacts around 0.382 or lower support levels.
đĄ My Observation:
Orochi (ON) is no longer at the bottom â it has already moved significantly from 0.0604.
However, if this breakout is genuine and the previous resistance turns into support, another strong move could potentially follow. đ„
Iâll be watching the 0.468 level very closely.
đ„ What do you think? Where is ON heading next?
0.50 / 0.75 / 1.00 â or a correction first? đ€đ
â ïž Not financial advice. Crypto is highly volatile. DYOR & manage your risk.
#on #orochinetwork #Crypto #Binance #BinanceSquare #Altcoin #CryptoAnalysis #Web3
