$ON Signal】1H overbought pullback, 4H bullish trend not broken, waiting for deep buy-in


$ON RSI 1H 75.5, 4H 78.4, funding rate 0.04% slightly high. 4H Bollinger upper band 0.1664 pierced, buy depth ratio 43.1% still strong. 1H MACD high level flattening, short-term chasing high risk-reward ratio is poor.

🎯Direction: Long (pullback limit order)

⚡Entry/Order: 0.14769

🛑Stop loss: 0.14059

🚀Target 1: 0.16190

🚀Target 2: 0.16900

🛡️Trade management:
- Execution strategy: Reduce 50% after reaching Target 1, and move stop loss up to 0.14769. If price falls back into entry zone, automatically exit.

The risk of a pullback due to crowded longs objectively exists, but the 4H trend remains intact. Waiting for the price to digest floating positions before low buying offers a safer margin.

View real-time market 👇 $ON
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate广场五月交易分享 #比特币跌破8万美元 #美伊冲突再升级
ON27.55%
BTC0.99%
ETH1.53%
SOL6.1%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin