$ON Signal】1H rally encounters resistance, wait for confirmation after pullback to add long positions


$ON 1H MACD bullish momentum weakens, RSI 69.46 approaches overbought zone. The upper band of the 4H Bollinger Bands at 0.1453 shows clear resistance. Funding rate at 0.0439% is relatively high, exposing the risk of crowded longs. Buying depth around 0.1425 forms short-term support.

🎯Direction: Long (place orders on pullback)

⚡Entry/Order: 0.14251

🛑Stop loss: 0.12746

🚀Target 1: 0.14330

🚀Target 2: 0.14387

🛡️Trade management: Reduce 50% at Target 1, move stop loss to break even. If price drops back below 0.1425, exit proactively.

Funding rate is high but price remains firm, bullish sentiment persists, current risk-reward ratio is average, suitable only for small positions to gamble on continued rebound.

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