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【$SPORTFUN Signal】Long + Volume and Price Breakout
$SPORTFUN Strong breakout after a 24.85% increase in volume, with price action indicating continuous absorption by buyers. Accompanied by rising open interest, this is a typical sign of main force entering rather than a short squeeze. The market structure is healthy, with no signs of top-selling pressure.
🎯 Direction: Long
🎯 Entry: 0.0800 - 0.0820
🛑 Stop Loss: 0.0750 ( Rigid Stop Loss )
🚀 Target 1: 0.0900
🚀 Target 2: 0.0950
The breakout was accompanied by a 57 million trading volume and a simultaneous increase in open interest, signaling strong capital inflow. After the breakout, there was no rapid pullback, indicating that selling pressure has been effectively absorbed. The current structure is a healthy consolidation after a strong rise. As long as the price stays above 0.0780, upward momentum is expected to continue.
Trade here 👇 $SPORTFUN
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