【$ESPORTS Signal】Long | 1H momentum continuation, RSI high but buying pressure not broken

$ESPORTS 1H RSI 83.83, MACD histogram begins to contract, but price still above EMA20. Orders around 0.4505 are imbalanced -20%, selling slightly dominant, but open interest stable, funding rate only 0.005%, no short squeeze risk. Recommended entry zone for placing orders, betting on a breakout of the previous high at 0.4624.
🎯Direction: Long
⚡Entry/Order: 0.4482 - 0.4528
🛑Stop loss: 0.4446
🚀Target 1: 0.4690
🚀Target 2: 0.4771
🛡️Trade management:
- Execution strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, exit automatically to protect capital.
Order book depth shows slight buy-side deficiency, but 1H lows are rising continuously, current risk-reward ratio 2:1, worth a try. Be cautious of the upper Bollinger Band at 0.4712 resistance when chasing high; if volume breaks through, Target 2 is possible.
View real-time market 👇 $ESPORTS
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