【$ON Signal】4H Bollinger upper band breakout followed by RSI 81, retracement with long bias, momentum pushing higher

$ON 4H RSI surges to 81.91, Bollinger upper band at 0.1874 has been broken through, current price 0.18933 faces resistance near 1H upper band at 0.1946. Buy order depth ratio 1.37, funding rate 0.0516% not overheated, 1H MACD histogram narrows with diminishing momentum, but bullish inertia remains.
🎯Direction: Long (retracement buy orders)
⚡Entry: 0.18838 (recommended entry zone upper boundary)
🛑Stop loss: 0.14537
🚀Target 1: 0.18923
🚀Target 2: 0.18999
🛡️Trade management: Reduce 50% at Target 1, move stop loss up to 0.18838 to break even. If entry not triggered, wait for the next 1H close for confirmation.
Depth logic: 4H bullish structure remains intact, open interest stable, and funding rate low, short-term selling pressure not fully released. 0.18838 is a 1H support turn point, the probability of bulls testing the previous high at 0.19301 is not low. Although risk-reward is thin, explosive potential is sufficient, suitable for small positions to sniper.
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