【$ESPORTS Signal】Multiple head retracement, 1H support confirmed

$ESPORTS Market buy order depth imbalance -11.94%, Bid/Ask Ratio only 0.79, selling pressure temporarily dominant. The 1H MACD histogram narrows but remains above zero, the 4H Bollinger Band middle line at 0.0694 diverges upward. Price quickly dropped from 0.10777 to around 0.09068, 1H RSI at 57.8 approaching neutral zone, buying orders actively support below 0.09.
🎯Direction: Long
⚡Entry/Order: 0.0904080 - 0.0906800
🛑Stop Loss: 0.0897732
🚀Target 1: 0.0920402
🚀Target 2: 0.0927203
🛡️Trade Management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.
After a sharp short-term decline, quick stabilization occurs, with dense orders around 0.0897, funding rate at 0.0393% slightly high but not extreme, bulls still have rebound potential. Risk-reward ratio of 1.5x is within participation range, just strictly execute stop loss.
Check real-time market 👇 $ESPORTS
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