【$SPORTFUN Signal】1H Momentum Continuation, Sniping Short Squeeze

$SPORTFUN After a strong breakout at the 1H level, the price consolidates at a high level. EMA20 (0.0433) has turned into strong support. The price is trading above the 4H EMA20 (0.0404), and the short-term momentum structure remains intact. The current price is 0.04757, with 1H RSI (67.86) not overbought, and 4H RSI (74.57) indicating strength. The order book shows slightly heavy sell pressure (depth imbalance -2.72%), but buy orders are dense, and the main force’s intention to defend the price is clear. Open interest remains stable, funding rates are healthy. Combining market logic suggests ‘price rise + main force entering,’ so the short squeeze may continue.

🎯Direction: Long (Long)

🎯Entry/Orders: Enter within the current price range of 0.0475 - 0.0478 (Reason: Stabilizing above 1H EMA20, strong consolidation zone)

🛑Stop Loss: 0.0455 (Reason: Break below the previous 1H support and EMA50 support level)

🚀Target 1: 0.0495 (Reason: Previous high resistance and psychological level at an integer)

🚀Target 2: 0.0515 (Reason: 4H previous high and 1.272 Fibonacci extension level)

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin volatility is extremely high, intraday increase has exceeded 29%)

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price (break-even). Hold the remaining position to aim for Target 2. If the price spikes and then falls back, breaking below the 1H EMA20 (dynamic tracking), exit all positions.

Depth logic: The 1H candlestick remains above EMA20 after the breakout, indicating strong buying support. A large bullish candle on the 4H chart (volume 312 million) lays the foundation for a rebound. Currently consolidating with decreasing volume, indicating a healthy trend. Stable open interest suggests funds are not leaving significantly. The funding rate at 0.005% is positive but not high, indicating no excessive speculation. The order book near 0.0475 shows a large volume of buy orders (e.g., 15,130 at 0.0475), forming a short-term support wall. The core strategy is to play the secondary surge after consolidation, using light positions and strict stop-loss to capture intraday volatility.

Check real-time market 👇 $SPORTFUN

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