$SPORTFUN exhibits an aggressive bullish breakout on the 1-hour chart, staging a massive vertical expansion from its 0.03407 base. The asset is currently trading at 0.04101, up +18.18% over the last 24 hours, while holding significantly above the steepened EMA(7) and EMA(25) support clusters.
Bias: LONG
Entry: 0.03850 – 0.04050
Stop-Loss: 0.03620
TP1: 0.04143
TP2: 0.04480
TP3: 0.04850
The current impulse leg remains extremely dominant as price action clears the prior 0.03789 resistance with massive volume participation. This "god candle" move demonstrates intense buyer conviction, with the EMA(7) at 0.03816 serving as the immediate dynamic floor for continuation plays. A shallow consolidation above the 0.04000 psychological level would indicate a lack of aggressive distribution and acceptance of higher valuations. A decisive hold above 0.04143 confirms the next phase of price discovery. Structure invalidation occurs if the market breaks and closes below the EMA(25) at 0.03657, shifting the short-term outlook to neutral.
Risk is strictly defined below the intermediate moving average; the bullish thesis is prioritized as long as the market preserves its parabolic trajectory and rising volume supports the expansion.
