$ORN USDT
#ORN/USDT Will take time to play out but big Reward, The basic trend is currently slightly bullish on ORION PROTOCOL.
Current market sentiment shows a mix of consolidation with potential bullish reversal signals, supported by the harmonic pattern and volume spikes at lower levels.
Increased volume at support levels indicates strong buying interest and validates accumulation zones.
Entry price is 1.52 - 1.72
Target price is 2.42 - 3.12
Stop loss price is 0.98
This long-term accumulation strategy for ORNUSDT focuses on systematically entering positions at identified accumulation zones and distributing at key distribution zones.
This methodical approach aims to capitalize on both the technical patterns and market sentiment, ensuring a balanced risk-reward ratio.
Market Cap is approximately $60 million
Fundamentals Orion Protocol is a liquidity aggregator that integrates major exchanges into one decentralized platform, offering improved liquidity and reducing the risk of slippage for traders.
Potential increasing adoption of DeFi and the need for efficient liquidity solutions.
DYOR
Not Financial Advice