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【$ONUSDT Signal】Pullback to add long positions, 1H timeframe accumulating for a breakout
$ONUSDT The 1H timeframe is consolidating around 0.105, with strong buying depth. Orders are densely clustered in the 0.1050-0.1052 range below. The 4H MACD bearish momentum is weakening, and the 1H MACD fast line has crossed above zero, with the short-term moving averages in a golden cross pattern.
🎯Direction: Long
⚡Entry/Order: 0.09297 - 0.09586
🛑Stop Loss: 0.06847
🚀Target 1: 0.20542
🚀Target 2: 0.26021
🛡️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.
Position size remains stable. The price has pulled back from highs without triggering large-scale liquidations, indicating chip rotation rather than panic selling. The 1-hour RSI is around 47, neutral to slightly bullish, not in overbought territory, leaving room for further upward movement. Market depth shows significantly more buy orders than sell orders, indicating clear support from funds. This consolidation to digest previous profits often prepares for the next rally.
View real-time market 👇 $ONUSDT
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