【$ON Signal】Pullback to buy, order book depth reveals bullish intent

$ON 1H timeframe just completed a volume breakout above the middle Bollinger Band, current price at 0.1255 closely hugging the upper band. 4H MACD histogram continues to expand, bullish momentum is still being released. The order book buy depth is 2.44 times the sell depth, fully exposing the capital support intention.

This position directly chasing longs offers a poor risk-reward ratio; wait for a pullback confirmation.

⚡Pending orders: 0.11914 - 0.12478 zone, staggered entries.

🛑Stop loss: below 0.11661.

🚀Target 1: 0.12419.

🚀Target 2: 0.12671.

🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect principal.

1-hour volume significantly increased during the breakout, but RSI is approaching 60, indicating a short-term pullback is needed. The 4-hour Bollinger Bands are starting to open, and the price is above all EMA lines, indicating a medium-term structural strengthening. Combined with active order book depth, a pullback is an opportunity. Current market sentiment leans toward greed, but intraday volatility is intense, so strict position management is essential.

Check real-time market 👇 $ON
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