$ON Signal】Wait and see: Overbought area, wait for a pullback to go long


$ON RSI 4H 81.48, price 0.17886 has broken above the Bollinger upper band 0.1689, deviating 24% from the middle band. Funding rate 0.0567% is relatively high, bullish crowding but no panic selling yet. Currently not in the system-recommended entry zone (0.14850-0.17797), wait for the price to fall back to around 0.17790 to go long.

🎯Direction: Wait and see (place a long order)

⚡Entry/Order: 0.17790 (upper limit of the suggested entry zone)

🛑Stop loss: 0.14089

🚀Target 1: 0.17891

🚀Target 2: 0.17963

🛡️Trade management: After the order is triggered, reduce position by 50% at Target 1, move stop loss up to the entry price; if the price falls below 0.17790, cancel the order.

(Depth logic: 1H MACD histogram still expanding, but overbought signals combined with high funding rate increase the probability of a short-term pullback. Risk-reward ratio is poor, suitable only for light positions to play the breakout continuation.)

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