【$SPORTFUN Signal】1H momentum decay, waiting for a pullback to buy more


$SPORTFUN Funding rate 0.0233%, open interest stable. 1H MACD bars shrink to 0.0001, RSI 63.75, buying momentum clearly weakening. 4H Bollinger upper band at 0.0697 forming resistance, current price close to it. Order book buy/sell depth ratio 1.05, support below is decent but lacks active aggression. Short-term needs a pullback to gather strength.

🎯Direction: Long

⚡Entry/Order: 0.0655

🛑Stop loss: 0.0559

🚀Target 1: 0.0745

🚀Target 2: 0.0807

🛡️Trade management: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.

Depth logic: 4H remains in a bullish trend, but 1H volume-price divergence, MACD bars turning negative can be seen as a healthy correction before. 0.0655 is close above 4H EMA20 (0.0620) and 1H EMA50 (0.0636), risk-reward ratio is reasonable. High funding rates make chasing longs more prone to being squeezed, waiting for a pullback is more prudent.
Check real-time market 👇 $SPORTFUN
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