【$SPORTFUN Signal】Long + 1H level violent surge, main capital inflow



$SPORTFUN The 1H level just completed a massive bullish breakout with high volume, the price violently surged from 0.0384 to over 0.0420, a gain of over 10%, with extremely strong momentum. The 4H level also closed with a large bullish candlestick with no shadows, confirming a breakout above the recent consolidation range, shifting the trend from sideways to bullish attack. Currently, the price is strongly above the 1H EMA20 (0.0358), RSI on the 1H chart is as high as 82, indicating overbought conditions but showing strong buying power, so do not easily guess the top. Open interest remains stable, negative funding rates provide fuel for short squeeze, and the order book shows deep buy-side support, which is a typical sign of main capital driving the market.

🎯Direction: Long (Long)

🎯Entry/Order: Enter directly in the current price range of 0.0418 - 0.0420 (Reason: Confirmed after strong breakout and pullback, 1H K-line stabilizes )

🛑Stop Loss: 0.0402 (Reason: Break below the start of the 1H bullish candlestick and EMA50 support, ATR-based stop loss )

🚀Target 1: 0.0445 (Reason: Previous high resistance and 1.272 Fibonacci extension level )

🚀Target 2: 0.0470 (Reason: 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: 1H RSI is overbought, volatility is intense, prevent rapid pullback )

- Execution strategy: Use aggressive take profit. After reaching 0.0445, reduce position by 70%, and move the remaining stop loss up to the entry price of 0.0420. If the price cannot hold above 0.0425 and falls back, consider exiting early.

Depth logic: The trading volume in the past 4 hours has surged by several times compared to previous periods, a clear signal of new funds entering. Market logic indicates “price rising combined with open interest,” currently OI is stable, not a short squeeze but more like bullish accumulation. The order book shows dense buy orders below 0.0420 (total over 330,000 USDT), forming immediate support. In a negative funding rate environment, short positions face risk of being squeezed, further pushing prices higher. Although the daily trend remains in a downtrend channel, the explosive breakthroughs on the 1H/4H charts create excellent short-term opportunities.

View real-time quotes 👇 $SPORTFUN

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MapleLeafHighProfitAndLossvip
· 4h ago
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