【$ON Signal】Go long + capital support counterattack

$ON On the 4H Bollinger upper band, 0.3499 is acting as resistance, and RSI 71.67 is close to the overbought zone. On the 1H MACD, a bearish dead cross forms at a high level, and the histogram value -0.0044 continues to widen. The buy order depth is 1.73; orders are densely placed around 0.328, showing clear intent for capital support counterattack.

🎯Direction: Go long

⚡Entry / Limit orders: 0.3230579 - 0.3240300

🛑Stop-loss: 0.3078285

🚀Target 1: 0.3483322

🚀Target 2: 0.3604834

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

Depth logic: After a sharp drop on the 1H timeframe, price quickly recovered. At the 0.262 low, there was high-volume buying absorption, forming long lower wicks. The 4H long trend has not been broken, but momentum has weakened—be alert. The current risk-reward ratio is 1.5; chasing longs requires strict stop-loss. Position size remains stable, while the fee rate is 0.0314%, which is relatively high; if price continues to surge, it may trigger a short squeeze.

View live market 👇 $ON
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