【$ON Signal】Bulls on the hunt: 1H momentum fading, 4H trend continuing


$ON 1H RSI reaches 77.4, buying momentum weakens. The MACD histogram contracts, with selling pressure appearing near the upper Bollinger Band. The funding rate of 0.061% is on the high side, but it has not triggered a long/short reversal; deep sell orders only hold a slight advantage. 4H MACD bullish expansion continues, and the EMA50 is clearly holding as support. The current price has pulled back to the 0.1764-0.1769 range; here, the 1H EMA20 converges upward, with strong follow-through support.

🎯Direction: long

⚡Entry/Orders: 0.1763992 - 0.1769300

🛑Stop-loss: 0.1751607

🚀Target 1: 0.1795839

🚀Target 2: 0.1809109

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

As the price retraces to the EMA20 area, long-side funds are still absorbing. OI is stable; the short-term pullback is a healthy correction.

Check the live market 👇 $ON
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