【$ONUSDT Signal】Pullback to go long, short squeeze structure initially forming


$ONUSDT 1H timeframe pulls back after a rally, current price at 0.12857. The 4-hour Bollinger Bands have broken above the upper band, but the 1-hour RSI has surged to 83.69, indicating short-term overbought conditions. Buy orders are stacked around 0.1285 with over 150,000 units, showing clear capital support.

🎯Direction: Pullback to go long

⚡Entry/Order: Layered entries between 0.11795 and 0.12099

🛑Stop-loss: 0.11610

🚀Target 1: 0.14056

🚀Target 2: 0.15034

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

Open interest remains stable, with no large-scale exits during the price rally. The 1-hour MACD fast and slow lines are still diverging upward, indicating ongoing momentum. Selling pressure above is relatively thin in the 0.1289-0.1293 zone; once the price breaks above the previous high of 0.1293, a short squeeze could accelerate. The current risk-reward ratio is close to 4, making this setup favorable.

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