【$SPORTFUN Signal】1H high-position game, extremely high funding rate, high risk of shorting


RSI 1h skyrocketed to 82.85, the upper band of the 4H Bollinger Bands at 0.0613 has been left behind. Funding rate is 0.1189%, short positions' interest is snowballing.
MACD 1h histogram continues to shrink, upward momentum is weakening.
Order book buy orders are more than 0.5, bulls and bears are deadlocked.
🎯Direction: Long (scalping)
⚡Entry: 0.06416 (recommended upper limit of the range)
🛑Stop loss: 0.04686
🚀Target 1: 0.06461
🚀Target 2: 0.06486
🛡️Trade management: - Reduce position by 50% at Target 1, move stop loss up to entry price.
If price falls back to entry, exit to break even. Remaining position aims for Target 2.
This extremely narrow risk-reward ratio (less than 1%) is only suitable for light positions with quick in and out.
At high fee rates, shorts are still holding on stubbornly, but diminishing momentum means sharp reversals could happen at any time.
Follow the plan strictly, avoid fighting the market.
Check real-time market 👇 $SPORTFUN
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