$ON Signal: 1H topside breakout accelerates; long positions continue to push higher

$ON 1H RSI 80.87, MACD histogram rising with shrinking volume. The 4H Bollinger upper band at 0.1837 has already been closed above by the body; the bands are widening. Funding rate is 0.0638%; long position entry costs are on the high side, but there is no sign of a concentrated unwind.
🎯Direction: long
⚡Entry/limit orders: 0.1852725 - 0.1858300
🛑Stop-loss: 0.1839717
🚀Target 1: 0.1886175
🚀Target 2: 0.1900112
🛡️Trade management:
- Execution strategy: After reaching Target 1, cut 50% of the position and move the stop-loss up to breakeven. If price falls back to the entry zone, automatically exit to protect principal.
Large, dense limit orders around 0.1858 are absorbing strongly; the 1H buy volume is 53% higher. High-level supply is actively rotating with active turnover, but there has been no deep pullback; the intent to support via capital is directly exposed. At this stage, the risk-reward is still acceptable at 1.5x, but be wary of a sudden selloff risk after being overbought—keep the stop-loss close.
View live market 👇 $ON
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