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【$ONUSDT Signal】Pullback to go long, capital support exposure revealed
$ONUSDT 1H level pullback near EMA50, strong buying depth, selling pressure quickly absorbed. 4-hour MACD fast and slow lines remain above zero, bullish structure intact. Under negative funding rate environment, open interest remains stable, with ongoing short squeeze risk.
🎯Direction: Long
⚡Entry/Order: 0.15155 - 0.15304
🛑Stop Loss: 0.14778
🚀Target 1: 0.16355
🚀Target 2: 0.16881
🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.
Market data shows heavy orders in the 0.1536 to 0.1538 range, fully exposing capital support intentions. 1-hour RSI has rebounded from 46, momentum begins to recover. The 4-hour Bollinger Band middle line at 0.1337 provides strong support, current price is between the upper and middle bands, opening upward space. Open interest did not significantly decrease during price pullback, indicating good chip locking.
View real-time market 👇 $ONUSDT
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