Orochi Network (ON) is catching traders' attention with a strong 14.79% gain in 24 hours.

Currently trading around $0.2197, ON is showing bullish signals across multiple timeframes.

But there's one important question:

Can ON break $0.2547, or will sellers stop the rally?

๐Ÿ“Š Technical Breakdown

1H Chart

  • MA(7): $0.2053

  • MA(25): $0.1902

  • MA(99): $0.1616

Price remains above all three moving averages, indicating positive short-term momentum.

4H Chart

  • MA(7): $0.1894

  • MA(25): $0.1612

  • MA(99): $0.1347

The 4H structure remains strongly bullish.

1D Chart


The daily chart also shows a positive structure, with price above its major moving averages.

๐ŸŽฏ Key Levels to Watch

Resistance:

  • $0.2323

  • $0.2547

  • $0.2628

Support:

  • $0.2116

  • $0.2033

  • $0.1877

๐Ÿ”ฅ Bullish Scenario

A strong move above $0.2323 with volume confirmation could open the door toward $0.2547.

โš ๏ธ Bearish Scenario

Failure to hold $0.2116 could lead to a pullback toward $0.2033 or $0.1877.

My Take

ON has an interesting bullish structure, but the recent rejection near $0.2547 deserves attention.

The next breakout needs volume confirmation. Chasing a fast-moving candle can be risky.

Can Orochi Network reach $0.26 next? What's your prediction?

Share your thoughts below!

Technical analysis based on the supplied Binance chart screenshots. Educational purposes only. Not financial advice.

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