【$ON Signal】Go long | 1H MACD bullish expansion + funding rate elevated but price holding firm

$ON 1H RSI surged to 73.56, MACD histogram at 0.0035, and the bullish momentum continues to expand. Sell-side depth share is -42.33%, but the price hasn’t been suppressed—buyers are still actively pushing it up. The 4H Bollinger Band midline at 0.1432 has broken through. Funding rate is 0.0229% (high), but it hasn’t triggered a short squeeze and rebound; short-term momentum remains strong.

🎯 Direction: long

⚡ Entry/limit orders: 0.1516736 - 0.1521300

🛑 Stop loss: 0.1506087

🚀 Target 1: 0.1544119

🚀 Target 2: 0.1555529

🛡️ Trade management:
- Execution plan: after reaching Target 1, reduce the position by 50%, and move the stop loss up to breakeven. If price drops back to the entry range, automatically exit to protect principal.

Depth rationale: The 1H MACD bullish trend is clear, but RSI is approaching the overbought zone. The risk-reward ratio of 1.5 is acceptable. Intraday funding rate is relatively high—if it keeps rising, it may trigger a short squeeze and rebound for additional upside replenishment, but the current bullish control hasn’t weakened. Stay calm: short-term long-chasing requires strict stop-loss discipline to prevent a fake breakout pullback.

Check live market 👇 $ON
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