Morning Trend | SharpLink Gaming dips and converges to stop the decline, is a short-term breakout opportunity coming?

Technical Forecast
2026.01.27 13:00
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SharpLink Gaming (SBET.US) faced downward pressure in early trading on January 26, with the lowest price briefly breaking through a previous important low. Afterward, trading volume contracted during the session, and there was a slight rebound towards the end of the trading day. Many experienced traders in the trading community indicated that when SBET continuously dips without breaking new lows, it often signals that the main funds are accumulating and building momentum. Market data shows that the initiative of the short side is starting to weaken, with an increase in bottom support orders, while the bulls are gradually testing the market's capacity at key points. Coupled with the recent significant slowdown in stock price fluctuations, the intraday highs and lows are continuously rising, indicating a strong desire for a breakout in the short term. The community atmosphere has turned optimistic, with many short-term speculators saying, "We'll follow the funds once there's a breakout," showing a bit of FOMO sentiment. Based on past similar trends, once SBET, a small-cap stock, shows a small bullish candle with volume breakout, it often ignites a consecutive board trend. It is recommended to closely monitor the signals of continuous large orders during trading; if accompanied by a release of volume, a short-term breakout opportunity is likely to unfold quickly. However, if the funds do not cooperate, caution is still needed for a continued consolidation at the bottom