【$ONUSDT Signal】Pullback to add long positions, 1H level charging up for another attack

$ONUSDT The 1H level price repeatedly tests around 0.1083, recently pulled back from the high of 0.1224, with buying orders building a first line of defense near 0.1072. The 4-hour MACD histogram is contracting, indicating weakening bearish momentum, but the price remains suppressed below the 20-day moving average. On the 1-hour chart, the price briefly pierced the upper band then pulled back to the middle band, with RSI hovering in the neutral zone, as bulls and bears fiercely contest here.

🎯Direction: Long

⚡Entry/Order: Layered accumulation in the 0.1072 - 0.1085 range

🛑Stop loss: Below 0.1050

🚀Target 1: 0.1150

🚀Target 2: 0.1220

🛡️Trade management:
- Execution strategy: After the price reaches 0.1150, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.1100 and falls below 0.1080 again, consider exiting early.

Position size remains stable with no large-scale outflows. Market data shows significant sell orders stacked above 0.1086, but buy orders in the 0.1070-0.1080 range are thick enough, indicating clear support intentions. The 1-hour EMA20 is at 0.1074, forming dynamic support that coincides with the lower boundary of the suggested entry zone, making the risk-reward ratio worth a try. The current rate is normal with no signs of overheating, leaving room for bulls to regain strength.

Check real-time market 👇 $ONUSDT
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