$ON Signal: go long. 1H pullback support + 4H bullish trend

$ON Buy orders are densely stacked around $ON
0.1675 to hold the downside. Although the depth is imbalanced by -13.87%, buy-side orders on the order book are still accumulating. The 4H MACD histogram bars are contracting, with bullish momentum weakening. The 1H MACD dead cross is widening, and price has pulled back to below the Bollinger midline of 0.1711. RSI (1H) is 54.49, still far from being oversold. The funding rate is 0.0148% and steady, with no sign of excessive leverage. Pullback structures often offer a better risk-reward ratio; entering after the 1H candle closes with confirmation is more prudent.

🎯Direction: long

⚡Entry/limit orders: 0.1670474 - 0.1675500

🛑Stop loss: 0.1591725

🚀Target 1: 0.1801163

🚀Target 2: 0.1863994

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce 50%, and move the stop loss up to breakeven. If price drops back to the entry zone, automatically exit to protect principal.

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