【$SPORTFUN Signal】Pullback to buy! 1H pullback confirmation, strong signs of main force supporting the market

$SPORTFUN The 1H level is oscillating near the critical EMA20 moving average (0.0461). After falling from the 4H high of 0.0515, it found support around 0.0455, forming a high-level consolidation. The 4H EMA50 (0.0389) provides strong trend support, and the overall upward structure remains intact. Currently, the 1H RSI (53.21) is neutral to slightly bullish, preparing for another upward move. Open interest (OI) remains stable, with no panic selling during price declines, indicating main force support. The order book depth shows exceptionally thick buy orders around 0.0462-0.0463, forming immediate support.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0460 - 0.0463 (Reason: 1H EMA20 dynamic support zone + dense buy orders in the order book )

🛑Stop Loss: 0.0453 (Reason: Break below previous 1H candle low and key psychological level at 0.0455 )

🚀Target 1: 0.0485 (Reason: Previous 1H high resistance, also the upper boundary of recent consolidation )

🚀Target 2: 0.0515 (Reason: Previous 4H high; breaking through could open upward space )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin experiences high volatility, risk per trade should be controlled )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks through 0.0485 and stabilizes, consider targeting 0.0515 for the remaining position.

Depth logic: After a normal 15% intraday rally, the price retraced, but funds did not flow out significantly (OI stable). The 1H buy order depth (bid_ask_ratio_depth=1.12) shows strong support below. The 4H candles have been consecutively bullish, indicating an upward trend. Combined with a positive funding rate (0.0050%), market sentiment is bullish but not overheated, indicating a healthy correction. The key is to hold the 0.0455-0.0460 zone; losing this area would weaken the short-term structure.

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