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【$ON Signal】Multiple pullbacks; 1H momentum fading—waiting for a second push
$ON 4H Bollinger upper band at 0.1400, with the price at 0.1392 sticking tightly to the upper band; consolidating at high levels. The 1H Bollinger upper band; 1H MACD histogram continues to shorten, with bullish volume shrinking. Order book depth shows 2.42x buy-side orders, indicating strong willingness for capital to support. The 4H MACD is still expanding in a positive direction, and the trend has not been broken. Wait for the price to dip to around 0.1380 to confirm support.
🎯 Direction: Watch (place buy orders)
⚡ Entry/Order: 0.13800
🛑 Stop loss: 0.12504
🚀 Target 1: 0.13921
🚀 Target 2: 0.13977
🛡️ Trade management: When reaching Target 1, cut 50%; move the stop loss up to break even. If price breaks below 0.1380 (the order price), abandon the order.
Depth logic: The current risk-reward ratio is average, but the support strength in the 0.12605-0.13855 range below makes a pullback-and-entry a safer choice. OI remains stable—no sign of large-scale capital outflows—so the probability of a short-term shakeout is high.
View real-time market 👇 $ON
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