2026-01-18 11:31:48

SPORTFUN trend exhibits typical weak breakdown characteristics. After recent volume-driven decline, a clear technical breakdown has formed, and the signals reflected by the price action are quite clear—the market selling pressure continues to dominate.

From the current market performance, the sustained decline accompanied by high trading volume is the most indicative weak signal. Buyers' absorption capacity is clearly insufficient; each rebound encounters even stronger selling pressure. This repeated crushing pattern indicates that the bulls lack genuine support strength.

Technical analysis shows that there is no clear support structure below the current price, and the previous support zone has already been effectively broken. The overall downward momentum does not seem to have been fully released, which means further downside is still possible.

Based on this technical framework, a short-selling strategy is imminent. It is recommended to establish short positions in the range of 0.0940-0.0960, with a stop-loss set at 0.1020 (this is rigid—immediate exit once triggered). The first target is set around 0.0850; if momentum continues, the second target can be around 0.0750.

The core logic of this trading idea is: when the price fails to effectively regain key resistance and there are no clear signs of demand absorption, the downward direction remains the path of least resistance.

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MEVHunter

· 3h ago

It's the same old tune again, high trading volume smashing the market... Do I feel like this is paving the way for a big player? Wait, have you checked the mempool data at the 0.094 level? Could there be a sandwich? The technical breakdown analysis looks fine on paper, but when it comes to execution... can we catch the bottom? That's the real question. Does a breakdown necessarily mean dropping to 0.075? I bet it will rebound a bit. Professional institutions love to repeatedly harvest profits like this. The arbitrage opportunity is good, but the risk is also high. If gas fees spike, the arbitrage space could evaporate in minutes.

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MEVSandwichMaker

· 3h ago

Oh no, another dump, it's painful to watch. SPORTFUN's breakdown is indeed hopeless. I also shorted around 0.0950, betting it continues to decline. Speaking of this weak trend, where is the bottom... Set stop loss at 0.1020, feels a bit tight, but since it's broken through, I should be decisive. If you ask me, those entering the market now are all brave warriors. I'll just wait patiently for 0.0750. Breakdowns are just breakdowns, nothing more to say. Keep looking for shorts. After this wave, I lost money again. Damn it.

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MemeTokenGenius

· 4h ago

Another breakdown signal. Can it drop to 0.075 this time? It feels necessary to observe the trading volume. It's also a nightmare for the high-position bagholders. The bulls are really too weak. It's a bit cowardly to short at this position. If there's a rebound and stops are hit, that would be troublesome. The target at 0.0850 feels a bit optimistic. Be prepared for significant losses. A breakdown is a breakdown, but sometimes this kind of technical analysis is just that way. The market can change suddenly.

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LootboxPhobia

· 4h ago

It's that same story of a bearish breakdown. Every time it's said, it always rebounds in the end. I don't believe you at all. Feels like we should still wait and see this time, haven't made up my mind. Breakdown? Doesn't look like it to me, just get wiped out if you go against it. Why are you still calling for a short? Last time you recommended that, I ended up losing money. 0.085? I bet less than five bucks. Here we go again with this story. Wake up, buddy.

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