【$ON Signal】Longs pull back for confirmation, rebound from 1H support

$ON The 1H RSI bottoms at 52.79; the 4H Bollinger Band middle rail at 0.1980 is far below the current price. The long trend remains unbroken. Order book depth: buy-side ratio 1.20; funding rate 0.0230% neutral-to-bullish, with clear low-level support. Current price is in the 0.289-0.290 range—there’s a second chance to surge after a short-term pullback.

🎯 Direction: Go long

⚡ Entry / Orders: 0.2892596 - 0.2901300

🛑 Stop loss: 0.2872287

🚀 Target 1: 0.2944819

🚀 Target 2: 0.2966579

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

From the 4H volume energy, after the earlier rally there was a contraction-led pullback. The 1H MACD is still slightly bearish, but it has already oversold. If buy pressure can continue to push forward, it will likely test the prior high again. Risk-reward ratio is 1.5; the stop loss is clear—worth a try.

Check live market 👇 $ON
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