【$ON Signal】1H has hit the top and met resistance; wait for a pullback to go long

$ON 4H Bollinger upper band 0.1873 has been pierced, current price 0.1888 is outside the upper band. 1H MACD shows initial red bars, volume is shrinking. Buying depth only accounts for 54% of sell orders, overhead selling pressure is dense.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.1751 - 0.1780 (recommend placing limit orders, waiting for 1H pullback near EMA20)
🛑Stop loss: 0.14537
🚀Target 1: 0.18871
🚀Target 2: 0.18947
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss up to entry price. If price falls back to entry level, exit automatically to protect capital.
Current risk-reward ratio is very low, chasing higher prices continues to be unprofitable. Funding rate of 0.0596% suggests crowded longs; wait for pullback to release pressure before entering more safely. 4H trend is intact, as long as the pullback does not break 0.1707 (previous low), the structure remains unbroken.
Check real-time market 👇 $ON
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