đ LONG SETUP: $SPORTFUN / USDT
The chart is showing a classic support reclaim and bounce structure. After a period of consolidation, buyers have stepped in at the 0.0346 zone, and we are now seeing an impulsive move back above the local pivot.
đ Trade Details:
Direction: LONG đą
Entry Zone: $0.0400 â $0.0410 (Current Market Price)
Leverage: 3x - 5x (Recommended for stability)
đŻ Take Profit (TP) Targets:
Target 1: $0.0450 (Minor Resistance)
Target 2: $0.0520 (Mid-range liquidity)
Target 3: $0.0583 (Top of the setup box)
Moon Target: $0.0650+
đ Risk Management:
Stop Loss (SL): $0.0346
Note: A daily candle close below the blue support line ($0.0379) would be a signal to tighten your stop or exit early.
đ Technical Insight:
Support Reclaim: Price successfully held the major horizontal support and is now pushing past the immediate 4H resistance.
Volume: We are seeing a slight pickup in volume, suggesting the bottom might be in for this leg.
Risk/Reward: The setup offers a very attractive R:R ratio, targeting the previous local highs near 0.060.
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