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【$SPORTFUN Signal】Waiting for a callback to buy more, 4H bullish trend continues
$SPORTFUN 1H Bollinger Band upper band 0.0486 resistance is obvious, price has fallen from 0.04964 to 0.04544, MACD histogram is shrinking, bullish momentum weakens. 4H MACD is still expanding, trend not broken but short-term momentum is insufficient. Deep sell orders account for over 18%, funding rate is 0.08% which is relatively high, short-term oscillation and pullback likely. Currently, the profit and loss ratio is very poor, chasing longs is meaningless.
🎯Direction: Long (pending order pullback)
⚡Entry/Pending order: Place at 0.0421 (within the suggested range, close to 1H EMA20)
🛑Stop loss: 0.03721 (risk control stop loss level)
🚀Target 1: 0.04543 (risk control target 1)
🚀Target 2: 0.04562 (risk control target 2)
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss up to breakeven at 0.0421. If price falls below entry point, exit strictly.
Depth logic: 4H Bollinger Band middle band 0.0368 is a strong support, RSI 4H at 70.77 is not extreme, pullback to around 0.042 is near EMA20 and previous dense trading zone, with strong support. Long profit and loss ratio is about 1:3, risk control is strict.
View real-time market 👇 $SPORTFUN
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