๐ฏ $FUN /USDT โ Bullish Flag After Vertical Breakout
Price: $0.004238
Timeframe: 1H (Hourly)
Status: Sideways consolidation after a parabolic spike
๐ Technical Breakdown:
MA 7: $0.004268 โ price just below, but still hugging closely
MA 25: $0.003921 โ strong recent breakout level
MA 99: $0.003603 โ long-term trend flipped bullish
๐ Price Action Highlights:
FUN ripped from ~$0.0036 to ~$0.0045 in under 3 hours, a ~25% surge.
Since then, itโs forming a bullish flag/pennant โ small-bodied candles, very tight range.
No signs of rejection or volume flush. This is calm before a potential next leg.
๐ง Key Levels:
Breakout Zone: $0.00430โ0.00435
Immediate Resistance: $0.00450
Support Base: $0.00405โ0.00392
Invalidation Zone: Below $0.00390 (where MA 25 sits)
๐ Strategy Angle:
If the flag breaks upward with volume, next target could push toward $0.0048โ0.0050.
If it fades, support retest at $0.00392 could offer a re-entry bounce.
Keep your eye on volume โ breakout moves on FUN usually come fast and hard.
โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice. Markets can be volatile โ always trade responsibly!