【$SPORTFUN Signal】Long Position - 1H Pullback Confirmation, Main Force Clearly Protecting the Market

$SPORTFUN On the 1H timeframe, after a significant rally, the price is consolidating strongly at a high level. Currently around 0.0396, just above the 1H EMA20 (0.0374), and the 4H timeframe has already formed a clear upward trend, with EMA20 (0.0361) and EMA50 (0.0356) in a bullish alignment. Although the latest 1H candlestick shows some hesitation from buyers, open interest (OI) remains stable and has not decreased with the consolidation, indicating that the main capital has not exited but is accumulating at this level. Market depth data shows buy orders slightly ahead (bid_ask_ratio_depth=1.13), with dense support below.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0395 - 0.0398 (Reason: Dynamic support zone at 1H EMA20, upper boundary of previous dense trading zone )

🛑Stop Loss: 0.0373 (Reason: Break below the strong support of 1H EMA50 and the low point of the previous 4H candlestick )

🚀Target 1: 0.0425 (Reason: Testing previous high resistance level )

🚀Target 2: 0.0450 (Reason: 1.382 Fibonacci extension based on recent gains )

🛡Trade Management:

- Position Size Recommendation: Light (Reason: Daily gains are already substantial, volatility is extremely high, strict risk control is necessary )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks above 0.0425 and stabilizes, hold the remaining position towards Target 2.

Deep Logic: Three consecutive bullish candles on the 4H chart with volume expansion indicate clear capital inflow. The 1H RSI (64.23) is in a healthy, slightly strong zone with no overbought signals, leaving room for upward movement. The key point is that open interest (OI) remains stable during consolidation, combined with a slight positive funding rate, which rules out purely short-term forced selling and suggests that bullish main forces are controlling the rhythm and preparing for the next rally. Heavy buy orders are stacked in the 0.0380-0.0390 area below, providing strong short-term support.

View real-time market 👇 $SPORTFUN

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