Orion Protocol (ORNUSD) is on the verge of a significant breakou
Orion Protocol (ORNUSD) is attracting attention from traders after a potential breakout signal emerged. A decisive close above the current resistance level of $1.90 could trigger a significant price surge, with eyeing a potential climb to $4.50.
Bullish Trajectory:
A successful breakout above $1.90 could propel ORNUSD towards a range of $2.80 to $3.25. This represents a substantial increase from the current price levels.
Downside Risk:
However, it's important to acknowledge the potential downside scenario. If the breakout attempt fails and ORNUSD falls below $1.90, it could retreat down to $1.50.
Bullish Trajectory:
A successful breakout above $1.90 could propel ORNUSD towards a range of $2.80 to $3.25. This represents a substantial increase from the current price levels.
Downside Risk:
However, it's important to acknowledge the potential downside scenario. If the breakout attempt fails and ORNUSD falls below $1.90, it could retreat down to $1.50.