$ON Signal: 1H MACD divergence repaired, buy-side depth holding the floor


$ON Depth imbalance -25.29% but funding rate 0.0214% remains steady. The 1H MACD bearish volume bars shorten; after the price retraced to EMA20 (0.1673), it rebounded. The 4H Bollinger Band midline at 0.1470 has an upward slope, and support is effective.
🎯Direction: Go long
⚡Entry: 0.1749336 - 0.1754600
🛑Stop loss: 0.1666870
🚀Target 1: 0.1886195
🚀Target 2: 0.1951993
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position size by 50% and move the stop loss up to breakeven. If price falls back to the entry range, automatically exit to protect principal.
1H RSI 64.55 is not overbought. The 4H MACD golden cross spread is still open; here the risk-reward ratio is 1.5. It’s a reasonable buy opportunity on the pullback.
View real-time chart 👇 $ON
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#Gate事件合约首发狂欢 #夏日创作营 #GOOGL财报亮眼但盘后跌超3% $BTC $ETH $SOL
ON33.93%
GOOGL-6.13%
BTC-1.47%
ETH-2.03%
SOL-1.48%
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