$ON Signal】Breaks above the previous high on the 1H timeframe; funds keep pushing higher


$ON RSI_1h 85.10. Price breaks above the upper band of the 4H Bollinger band at 0.2692 and holds above 0.28. Buy pressure depth is 1.33 times, and sell pressure is rapidly absorbed. MACD shows a bullish alignment across two cycles, and momentum has not faded.

🎯Direction: Go long

⚡Entry/Limit orders: 0.2796784 - 0.2805200

🛑Stop loss: 0.2664940

🚀Target 1: 0.3015590

🚀Target 2: 0.3120785

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

The high-transaction density zone is concentrated at 0.23-0.24, and the current turnover rate is extremely high. The funding rate is 0.0477%, which is not at extreme levels, but high-position profit-taking still needs attention. The risk-reward is acceptable in this acceleration segment—just place limit orders to snipe the move.
View real-time quotes 👇 $ON
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ON84.33%
USD10.01%
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