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【$SPORTFUN Signal】1H Bullish momentum continues, waiting for a pullback to add long positions
$SPORTFUN Current price: 0.06206, 1H MACD histogram has three consecutive expanding bars, buy order depth premium at 8.96%. Funding rate remains stable, bullish sentiment is not overheated. But the current price is only 2% above the stop-loss at 0.06004, and the target 1 is only at 0.06210, with a risk-reward ratio of less than 0.1. Chasing longs directly is too risky. It’s more reasonable to wait for the price to fall back near 0.06052 to place a long order.
🎯Direction: Long (place order)
⚡Entry/Order: 0.06052
🛑Stop-loss: 0.06004
🚀Target 1: 0.06210
🚀Target 2: 0.06235
🛡️Trade management: After reaching Target 1, reduce position by 50% and move the stop-loss to break-even. If the price falls back into the entry zone, exit automatically.
(Depth logic: 4H MACD continues to diverge upward, the upper band of Bollinger Bands at 0.0628 has not been touched yet, so the bulls still have room. However, short-term buying pressure shows a gap, as the buy ratio on the 22nd candle dropped from 0.56 to 0.45, indicating profit-taking pressure. Waiting for a pullback near EMA50_1h for a safer entry.)
Check real-time market 👇 $SPORTFUN
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