【$ON Signal】Go Long, Bounce off Support + Buying Pressure Bottoming Out

$ON Order thickness around 0.0916 suddenly increases, depth imbalance shows 6.92% bias towards buyers, 1H RSI quickly rebounds after testing 54.4. Although 4H MACD histogram is contracting, the signal line remains above zero, indicating the bullish pattern is intact.

🎯Direction: Long

⚡Entry/Order: 0.0916143 - 0.0918900

🛑Stop Loss: 0.0909711

🚀Target 1: 0.0932683

🚀Target 2: 0.0939575

🛡️Trade Management:
- Execute strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.

Funding rate is only 0.005%, indicating minimal bearish pressure. 1H Bollinger lower band at 0.0858 forms strong support with previous lows, current price near the middle band at 0.0921, showing an upward opening. Buying pressure actively raises quotes, after volume increases on decline, it quickly shrinks to halt the fall. In the battle between bulls and bears, bulls are currently favored.
View real-time market 👇 $ON
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