$ON Signal】Pullback Entry - 1H Overbought Waiting for Support Pullback


$ON 4H MACD Histogram 0.0044 Bullish Diffusion, but 1H RSI 79.77, Buying Pressure Gradually Weakening. Bollinger Bands 1H Upper Band 0.1510 Broken, Current 0.1575, Funding Rate 0.0367% Neutral Slightly Low, Long Position Cost Not High. Depth Ratio 2.07 Indicates Thick Buying Support Below, but Willingness to Chase Highs Diminishing.

🎯Direction: Long (Place Order on Pullback)

⚡Entry/Order: 0.13026

🛑Stop Loss: 0.12806

🚀Target 1: 0.13467

🚀Target 2: 0.13687

🛡️Trade Management:
- Execution Strategy: Place order and wait for price to pull back to around 0.13026 for execution. If unable to stabilize above 0.1320 within 15 minutes after entry, exit immediately. Reduce position by 50% upon reaching Target 1, move stop loss to entry price. Remaining position aims for Target 2. If price drops below 0.12806, stop loss unconditionally.

From the 4H perspective, 0.13026 is the resonance point of EMA50 and the previous high-volume breakout area, with strong support expected on pullback. 1H divergence has not yet formed, but after high-level consolidation, it is likely to retest support. Current risk-reward ratio is about 1:1.5, not optimal but with tight stop loss.
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