【$ON Signal】Range lower boundary ambush, waiting for 1H level stabilization

$ON The 1H level repeatedly tests near the Bollinger middle band, MACD histogram negative values expand, but the 4H MACD remains above zero, indicating the trend has not fully turned bearish.
Order book buy depth is dominant, funding rate is relatively high, showing bulls are still resisting.

Current price is in the oscillation center, chasing high directly offers poor risk-reward.
It is recommended to ambush and go long at the lower boundary of 0.1330-0.1464 range.

⚡Entry: Place order around 0.1330

🛑Stop loss: 0.1234

🚀Target 1: 0.1521

🚀Target 2: 0.1617

🛡️Trade management:
- Execution strategy: Half position at Target 1, move stop loss on remaining position to entry price.
If the price cannot hold above 0.1464, abandon this trade.

1H volume shrinks, price forms a dense trading zone around 0.146-0.149, which is a short-term balance point between bulls and bears.
The 4H Bollinger bands continue to narrow, indicating a trend reversal is imminent.
High funding rate is a potential risk, but order book buy thickness provides short-term support.
In this structure, a pullback to the moving average dense zone is a more ideal entry point.

Check real-time market 👇 $ON
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