【$ON Signal】Waiting for a pullback, 1H momentum exhaustion

$ON The 1H level repeatedly tests around 0.142, the 4H Bollinger upper band at 0.1621 forms strong resistance, 1H MACD shows a bearish crossover spreading downward, buy order depth is 10% thinner than sell orders.

🎯Direction: Watchful, wait for a pullback to go long

⚡Entry/Order: Place buy orders at the lower boundary of the 0.11433 - 0.14172 range

🛑Stop loss: 0.09851

🚀Target 1: 0.14597

🚀Target 2: 0.16180

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

The 4H MACD histogram is still contracting, bullish momentum is slowing down. The 1-hour price is being suppressed by the EMA20, trading volume is shrinking, and active buying is weak. This risk-reward ratio suggests waiting for a deeper correction rather than chasing the high. The EMA50 at 0.1218 below and the 4H midline at 0.1041 form a resonance support zone, which is a more ideal entry point.

Check real-time market 👇 $ON
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