【$SPORTFUN Signal】Pullback to buy + 1H strong consolidation, second attempt to push higher

$SPORTFUN The 1H timeframe, after experiencing a massive rally, is currently consolidating strongly around 0.0428, digesting profit-taking. The 4H timeframe has a towering bullish candle that directly breaks through the long-term downtrend, confirming a trend reversal. The current price is closely above the 1H EMA20 (0.0386), indicating a strong correction, with no significant capital outflow, making it an excellent short-term second entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0425 - 0.0430 (Reason: The lower boundary of the 1H strong consolidation zone, with EMA20 dynamic support moving up to this area)

🛑Stop Loss: 0.0400 (Reason: Breaking below the 1H massive candle low of 0.04026 indicates deepening correction and weakening bullish momentum)

🚀Target 1: 0.0465 (Reason: Previous high resistance, also testing the 4H upper shadow level)

🚀Target 2: 0.0500 (Reason: Psychological round number, also the previous decline relay platform area)

🛡️Trading Management:

- Position Size Suggestion: Light position (Reason: Intraday volatility is very high, ATR reaches 0.0022, strict risk control is needed)

- Execution Strategy: After entering, if the price quickly surges to around 0.0455 and stalls, consider partial profit-taking. After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. The remaining position aims for Target 2.

Deep Logic: 4H volume surges, with buyers dominating, a clear signal of main force entering. Although RSI on the 1H (75.37) is relatively high, it can be tolerated in a strong trend. The order book shows heavy sell orders stacked above 0.04285, which is a short-term pressure zone to digest. Once volume breaks through 0.0435, a short squeeze could restart. The open interest trend is stable, indicating that bulls and bears have not withdrawn significantly, and the game continues.

Trade here 👇 $SPORTFUN

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