【$SPORTFUN Signal】Pullback to Long! 1H Retracement Confirmation, Main Force Showing Signs of Support



$SPORTFUN The 1H timeframe experienced a sharp surge yesterday and is currently in a healthy flag consolidation phase. The price is oscillating narrowly between 0.038-0.039, with the 1H EMA20 (0.0378) providing dynamic support. The 4H level remains above the EMA50 (0.0357), indicating an overall bullish trend. Market depth data shows strong buy-side support, OI remains stable, and the main force has not exited, which is a typical bullish continuation pattern, waiting for the next pulse.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0382 - 0.0385 (Reason: 1H EMA20 support zone & lower boundary of the flag pattern )

🛑Stop Loss: 0.0373 (Reason: Break below recent 1H consolidation low & key support at 4H EMA50 )

🚀Target 1: 0.0405 (Reason: Previous high resistance & near yesterday’s high )

🚀Target 2: 0.0425 (Reason: 4H previous high resistance & 1.272 Fibonacci extension level )

🛡Trade Management:

- Position Size: Light (Reason: Hot Coin volatility is intense, control risk )

- Execution Strategy: After entering, if the price successfully breaks above 0.0395 (upper boundary of the flag), it can be considered a signal to add to the position. After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. The remaining position aims for Target 2.

Depth Logic: Over the past 24 hours, the price has increased by more than 16%, but open interest (OI) remains stable, indicating it’s not purely a short squeeze but supported by new funds. The 1H RSI (57) is in a healthy zone, with momentum for another upward move. Market depth shows buy orders (bids) significantly outweigh sell orders (asks), indicating strong support below. Market logic suggests the price will rise; combined with stable OI, it indicates bullish main force support, and the pullback is an entry opportunity.

View real-time market 👇 $SPORTFUN

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