$ON Signal】1H rally encounters resistance, wait for confirmation on pullback to add long positions


$ON 1H MACD bullish momentum is weakening, RSI at 69.46 approaching overbought zone. The upper band of the 4H Bollinger Bands at 0.1453 shows clear resistance. Funding rate is 0.0439% relatively high, exposing risk of crowded longs. Buying depth around 0.1425 forms short-term support.

🎯Direction: Long (place buy orders on pullback)

⚡Entry/Order: 0.14251

🛑Stop Loss: 0.12746

🚀Target 1: 0.14330

🚀Target 2: 0.14387

🛡️Trade management: Reduce 50% of position at Target 1, move stop loss to break even. If price drops back below 0.1425, exit proactively.

Funding rate is high but price remains firm, bullish sentiment persists. Current risk-reward ratio is average, suitable only for small positions to gamble on continued rebound.

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