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【$ESPORTS Signal】Waiting for a pullback to add positions, 1H short release followed by 4H support play
$ESPORTS RSI_1h drops to 48.47, 1H MACD forms a death cross with expanding gap, Bollinger lower band around 3370 provides physical limit. 4H MACD is bullish but the bars are shrinking, EMA50_1h near 0.39 and Bollinger middle band form resonance support.
🎯Direction: Buy on pullback after it occurs (place orders)
⚡Entry: Current price 0.421 is not the optimal buy point, place staggered buy orders in the 0.390-0.400 range.
🛑Stop loss: Set uniformly at 0.384, a break below indicates the bullish structure has collapsed.
🚀Target 1: 0.403, the first resistance after the pullback.
🚀Target 2: 0.409, testing 4H EMA20 and previous high-volume zone.
🛡️Trade management: Reduce 50% of position at Target 1, move stop loss up to entry price; for remaining position, watch for Target 2, and manually exit if price falls back to entry.
Position at 0.421 has an unfavorable risk-reward ratio; waiting to buy near 0.39 is a more rational choice. Funding rate at 0.005% is neutral, depth buy orders are slightly dominant, and short-term decline looks more like profit-taking.
Check real-time market 👇 $ESPORTS
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