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【$ON Signal】Go long: 1H momentum breakout + 4H golden cross continuation, funding rate steady
$ON 1H RSI surged to 79.83, MACD histogram at 0.0045 keeps expanding, and the order book sell-depth is imbalanced at -14.09%, with buy-side support slightly weaker. The 4H Bollinger Band upper rail at 0.1845 still has some room; in the short term, bullish momentum has not yet exhausted. Objectively, the current risk-reward is 1.5x, but in a high-volatility environment, stop-loss placement is crucial.
🎯 Direction: long
⚡ Entry / limit order: 0.1649337 - 0.1654300
🛑 Stop-loss: 0.1571585
🚀 Target 1: 0.1778372
🚀 Target 2: 0.1840409
🛡️ Trade management: - Execute strategy: after reaching Target 1, reduce position by 50% and move the stop-loss up to breakeven. If price falls back to the entry zone, automatically exit to protect principal.
4H MACD has just formed a golden cross, the 0.0228% funding rate is not overheated, and OI is stable; short-term capital is still attacking. But the 1H RSI is already near overbought, so when chasing price, position sizing must be controlled.
Check live market 👇 $ON
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#直通IPO第二期JerseyMikes #长鑫今日上市成交901亿 #ETH重返1900美元