【$ON Signal】Bullish ambush: buy-side depth crushes, and the 1H pullback is the entry point

$ON Around 0.1765, buy orders are clearly stacking. The Bid/Ask Ratio is 1.25, and the intent of proactive capital to absorb is strong. The 4H MACD bullish trend is still intact. Although the 1H MACD has weakened, the price has not broken below the EMA20_1h (0.1683), which is considered a healthy pullback. The RSI on 1H is 65.32; it has not entered the overbought zone, and there is still room for upside. The funding rate is 0.0215%, and it has not triggered any abnormal sell-off pressure. OI is stable, and there’s no sign of long positions retreating.
🎯 Direction: Go long
⚡ Entry/Place orders: 0.17598 - 0.17651
🛑 Stop loss: 0.17474
🚀 Target 1: 0.17916
🚀 Target 2: 0.18048
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut 50% of the position and move the stop loss up to breakeven. If the price falls back to the entry level, exit automatically to protect the principal.
Depth logic: A buy-side depth of 1.25 means the resting bids below are far stronger than the sell pressure. In this kind of structure, any bearish counterattack is likely to be quickly digested. The 1H pullback low just taps above the 4H Bollinger middle band (0.1708), indicating strong consolidation. The risk-reward ratio is about 1.5, making it a good-value setup for a short-term scalp.
View live market 👇 $ON
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