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【$SPORTFUN Signal】Pullback with multiple entries | Funding rate is relatively high, waiting for a pullback confirmation
$SPORTFUN Funding rate is 0.0695%, long position costs are high. 1H MACD histogram turns green, momentum is weakening, but price still stays above EMA20_1H. The middle band of the 4H Bollinger is at 0.0673, forming a strong support, with the upper band at 0.0872 providing room. The current price of 0.08212 slightly exceeds the suggested upper limit of 0.08171, and the risk-reward ratio for chasing longs is not ideal.
🎯Direction: Long (place order on pullback)
⚡Entry/Order: 0.08171 (place long near the upper limit of the suggested range)
🛑Stop loss: 0.06099 (risk management stop-loss level)
🚀Target 1: 0.08933
🚀Target 2: 0.09878
🛡️Trade management: - After reaching Target 1, reduce position by 50%, move stop loss up to 0.08171; if price falls back to entry level, automatically exit.
Depth logic: Funding rate is high but has not triggered a short squeeze, 1H RSI is at 58.76, neutral, buy-side depth shows that support orders below are still sufficient at 1.14. Wait for the price to pull back to the order level before entering again, to avoid chasing high.
View real-time market 👇 $SPORTFUN
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