【$SPORTFUN Signal】Pullback to go long - Wait 1H for support confirmation


$SPORTFUN 1H MACD histogram shrinks to 0.0001, bullish momentum is weakening. Funding rate at 0.0233% is relatively high, increasing long position costs. The 4H trend remains upward, with the Bollinger upper band at 0.0697 acting as resistance, short-term pullback needed to gather strength.
🎯Direction: Long (Place order)
⚡Entry/Order: 0.0665 (Recommended within the range, EMA20_1H support)
🛑Stop loss: 0.0559
🚀Target 1: 0.0745
🚀Target 2: 0.0807
🛡️Trade management: Reduce 50% after reaching Target 1, move stop loss to break-even. If price drops below 0.0665, abandon this trade to protect capital.
Current risk-reward ratio is about 1:2.5, but the high funding rate suggests a potential acceleration of the pullback, so strict waiting for order execution is necessary. 4H OI remains stable, no signs of long squeeze, pullback to go long has a higher probability of success.
Check real-time market 👇 $SPORTFUN
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