【$ON Signal】Waiting for a callback, range ambush

$ON 1H level surge and pullback; the 4H Bollinger upper band near 0.1561 shows selling pressure, and the RSI rockets to 83.88 with a buying order gap. The 1H MACD histogram contracts, and bullish momentum weakens. Order book depth imbalance is -27.44%, with sell orders piling up.

This is not a place to chase the price; wait for a decent pullback. Enter long positions in batches within the lower range of 0.09689 - 0.13947.

⚡Entry: Enter in batches within the 0.09689 - 0.13947 range

🛑Stop loss: 0.09035

🚀Target 1: 0.10999

🚀Target 2: 0.11654

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

H level 4H MACD is still expanding, and EMA50 at 0.0908 forms a distant support. The 1H level EMA20 is at 0.1171; if the price retraces to this area and then stabilizes, it is a good second “get back in” point. The current funding rate is 0.1054%, which is on the high side and increases short-term pullback pressure, but stable open interest indicates that the chips are not leaving in large quantities. For this kind of high-volatility asset, the risk-reward ratio requires stricter entry discipline; the upside-chasing risk-reward is already asymmetrical.

View real-time quotes 👇 $ON
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate13周年Dr.Han公开信 $BTC $ETH $SOL