$ON (Orochi Network) Parabolic Surge & Profit Taking 🚀
Entry Zone: 0.1850 – 0.2100
Bullish Above: 0.3150
TP1: 0.3500
TP2: 0.4200
TP3: 0.5000
SL: 0.1450
$ON has delivered an explosive performance on the 1H chart, currently up a massive 110.24% and trading at 0.25144. The price action saw a rapid parabolic move from the 0.1000 base, peaking at a local high of 0.3508. Following this vertical climb, we are seeing some natural profit-taking, with the price currently attempting to find support near the 0.2500 psychological level. The volume spike accompanying the pump was exceptional, indicating significant market entry. As long as the project maintains its footing above the 0.1980 structural support, the macro outlook remains highly bullish for a secondary expansion.