$SPORTFUN recently surged by 18% with increased volume, and the price is now consolidating within a narrow range at high levels. This signal is worth paying attention to. Many people might think this indicates a sell-off, but actually — this is not the main force distributing, rather it’s a typical cooling-off phase after a breakout, building momentum for the next upward move.

From a technical perspective, the market shows a clear pattern: a buying opportunity has emerged. The entry zone can be targeted between 0.0745 and 0.0765, with a strict stop-loss at 0.0710 (this line must be maintained, or the entire structure could break).

Regarding targets, the first wave aims for 0.0820, and if the trend continues smoothly, it can pursue further to 0.0880.

Why do we judge it this way? The key lies in the cooperation of trading volume and open interest data. Currently, volume is increasing while open interest remains stable, indicating genuine capital inflow rather than short sellers stepping on the market. On the detailed level, buying orders are steadily absorbing short-term pullbacks, and there are no signs of panic selling during the process. This is a mark of active main force participation.

As long as the price does not fall below the previous breakout zone, the probability of an upward continuation remains high. At this stage, patience and disciplined stop-loss are essential; everything else is up to the market.