【$ON Signal】Go long: On the 1H timeframe, volume expands and breaks above the Bollinger upper band; funding rate is relatively high but momentum continues

$ON RSI 1H surged to 77.43, the MACD histogram energy bars continue to expand, and the price broke above the 4H Bollinger upper band at 0.2384; current price is 0.24216. Buy-side depth is only 20% of sell-side; sell orders are stacked, but the price is holding firm—intense long/short battles in the short term.

🎯 Direction: Go long

⚡ Entry/limit orders: 0.2414335 - 0.2421600

🛑 Stop loss: 0.2300520

🚀 Target 1: 0.2603220

🚀 Target 2: 0.2694030

🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut positions by 50% and move the stop loss up to breakeven. If the price falls back to the entry level, exit automatically.

OI is stable, and the funding rate of 0.0519% is at a relatively high level—long positions’ costs are rising. Current risk/reward is 1.5; in a volatile environment, strict discipline is required.

View live market 👇 $ON
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