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$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