【$ON Signal】4H bullish momentum weakening, 1H bearish divergence brewing for a short-term pullback

$ON Funding rate 0.0279%, 4H Bollinger upper band at 0.1452 showing clear resistance, 1H MACD histogram shrinking.
Buy/sell depth ratio 0.93, buyers' orders slightly weaker, selling pressure not fully absorbed.
Current price 0.14283 is above the suggested entry zone upper limit of 0.14212, chasing longs offers very low cost-performance.
Based on tight funding conditions and 1H momentum contraction, short-term prefers waiting for a pullback to add longs rather than chasing the rally.
🎯Direction: Long (place order and wait)
⚡Entry/Order: 0.14212
🛑Stop loss: 0.12746
🚀Target 1: 0.14279
🚀Target 2: 0.14336
🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss up to 0.14212 to break even.
If price drops below 0.14212, exit immediately to avoid deep retracement.
Order book logic: 4H MACD remains bullish but histogram expansion slows, 1H shows early signs of MACD bearish divergence (price hits new high but DIFF does not), order book depth indicates sellers' orders are slightly dominant, short-term pullback needed.
However, the 4H trend is not broken; a pullback to around EMA20 (0.1286) for long entries is safer, but system rules recommend entering via order placement.
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