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【$ON Signal】Long | 4H Volume Breakout Above Previous High, Capital Short Squeeze Initiated
$ON The 4H timeframe shows three consecutive bullish candles with expanding volume, price breaking through the 0.1032 previous resistance high, trading volume and open interest expanding synchronously, indicating clear intent of institutional capital accumulation. Hourly RSI is overbought but price refuses deep pullback, maintaining strong consolidation in a positive funding rate environment—this is a typical early-stage short squeeze pattern, with bear stop-loss orders fueling subsequent moves.
🎯 Direction: Long
⚡ Entry: 0.1025 - 0.1035
🛑 Stop Loss: 0.0995
🚀 Targets: 0.1086 / 0.1148
🛡 Strategy: Reduce position by half at target 1, keep remaining for breakeven stop to pursue target 2.
View Real-time Chart 👇 $ON
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