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【$SPORTFUN Signal】High-level consolidation, pullback buy strategy
$SPORTFUN Price touched 0.047, 4H Bollinger upper band at 0.0462 has been broken, 1H RSI at 70 and MACD histogram shrinking, indicating a break in buying momentum. The current price 0.04697 carries very high short-term risk for chasing longs, with a poor risk-reward ratio.
Place an order waiting for a pullback to 🎯 0.04670 to enter, stop loss at 🛑 0.03761, target 1 at 🚀 0.04697 (breakeven), target 2 at 🚀 0.04716. Be aware that the space is very limited, suitable only for quick small profits, and keep position size light.
🛡️ Upon reaching target 1, reduce position by 50% and move stop loss to entry point; if it falls below 0.04644 (1H 20 MA), then abandon the trade.
Check real-time market 👇 $SPORTFUN
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