【$ONUSDT Signal】1H Breakout and Pullback, Bullish Momentum Continues


$ONUSDT 1H RSI soars to 82, indicating a buy-side gap, but the 4H MACD histogram is still expanding, suggesting bullish momentum has not exhausted. Market depth shows selling pressure accumulating above 0.1268, but there are thick orders below in the 0.1263 to 0.1266 range, exposing the capital support intent. After this wave of upward emotion releases, a healthy pullback is needed to digest the overbought condition.

🎯Direction: Pullback to go long

⚡Entry/Order: Enter in batches within the 0.1172 - 0.1202 range

🛑Stop Loss: 0.1155

🚀Target 1: 0.1390

🚀Target 2: 0.1484

🛡️Trade Management:
- Execution Strategy: After reaching the first target, halve the position, and move the remaining stop loss to the entry price. If the price cannot hold above 0.1200, consider exiting early.

Position size remains stable, with no large-scale exits during the price rally, indicating strong support from major players. The 1-hour Bollinger Bands are opening upward, with the price moving outside the upper band. A short-term pullback to the middle band around 0.1212 is an ideal entry zone. The 4-hour level has broken through the previous consolidation platform, opening up upside space. The current risk-reward ratio exceeds 4:1, making it worthwhile to use smaller risk to bet on trend continuation.

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