【$ON Signal】Pullback confirmation, wait for confirmation

$ON RSI 1h 65.99, 4h Bollinger upper band at 0.1366 facing resistance, funding rate at 0.0306% slightly high, depth negative at -13.61% indicating selling pressure is slightly dominant. Price surged to 0.14355 then pulled back, 1h MACD bullish momentum narrows, short-term pullback needed. If it pulls back to the suggested zone, consider entering long, profit/loss ratio is low but stop loss is clear, suitable for light positions to gamble on residual rise.
🎯Direction: Long
⚡Entry/Order: 0.12395 - 0.13296 (within the suggested zone, current price 0.13363 waiting for pullback)
🛑Stop loss: 0.12296
🚀Target 1: 0.13358
🚀Target 2: 0.13411
🛡️Trade management: Reduce 50% at Target 1, move stop loss to break even; if price falls below entry level, exit to protect principal.
Depth logic: OI remains stable without signs of large-scale distribution, surge and pullback are normal profit-taking. Funding rate is slightly high but not extreme, bullish crowding is acceptable. If it pulls back to EMA20/EMA50 zone (about 0.124-0.126), the support strength below is worth observing. This is an objective test of support validity.
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