【$ON Signal】1H rally blocked, waiting for a pullback to go long

$ON 4H Bollinger upper band 0.1873 has been pierced, current price 0.1888 is outside the upper band. 1H MACD shows initial red bars, volume shrinks.
Buy depth only accounts for 54% of sell orders, overhead selling pressure is dense.
🎯Direction: Long (wait for pullback)
⚡Entry/Order: 0.1751 - 0.1780 (recommend placing limit orders, waiting for 1H pullback near EMA20)
🛑Stop loss: 0.14537
🚀Target 1: 0.18871
🚀Target 2: 0.18947
🛡️Trade management: - Execute strategy: after reaching target 1, reduce position by 50%, and move stop loss to entry price.
If price falls back to entry level, exit automatically to protect capital.
Current risk-reward ratio is very low, chasing the rise further is not cost-effective.
Funding rate of 0.0596% indicates crowded longs, wait for a pullback to release pressure before re-entering more safely.
4H trend is intact, a pullback not breaking 0.1707 (previous low) means the structure remains unbroken.
Check real-time market 👇 $ON
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