$ON Signal: Break above the upper band on the 1H + bullish continuation on 4H, go long

$ON The Bollinger upper band at 0.1837 has been broken; current price is 0.1858. The 1H MACD histogram is contracting, but the 4H indicators continue to expand—bullish momentum still has room to run. The bid ratio is 0.53; the order book is imbalanced by only -0.57%, and support below remains stable. The funding rate is 0.0638%, which is on the high side—be cautious of short-term profit-taking pullbacks, but the short-squeeze thesis is not broken.

🎯Direction: Long

⚡Entry/Limit order: Enter directly in the 0.1852725 - 0.1858300 range

🛑Stop loss: 0.1839717

🚀Target 1: 0.1886175

🚀Target 2: 0.1900112

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce exposure by 50% and move the stop loss up to the break-even level. If the price falls back to the entry level, automatically exit to protect principal.

Chasing at higher levels isn’t easy, but the 1.5 risk-reward ratio is worth a try. In terms of depth, OI is stable, indicating capital hasn’t fully retreated—wait for another breakout with increased volume.

View 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