【$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
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate广场五月交易分享 #BTC重返8万 #日本国债上链24小时交易
BTC0.74%
ETH0.69%
SOL1.71%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin