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$FUN /USDT PRICE ACTION DISCUSSION
📊 Chart Analysis:
Currently, FunFair is moving in a very tight sideways range around 0.00995. The volume is low, and price action shows that both buyers and sellers are quiet, indicating a potential buildup phase.
1. Does this position look like accumulation or distribution to you?
2. If a breakout happens, what is your expected upside target and where would you place your stop loss?
3. Do you think trading in such a sideways market is wise, or should one wait for clear confirmation?
💭 My View:
The market seems to be building a potential breakout setup. While the price is stable, waiting for a volume spike is crucial. Aggressive entries here carry risk until momentum confirms the move.
🔎 Extra Insight:
Such tight ranges often become the base for large moves. Always wait for a breakout and retest confirmation. Trend-following strategies work best in these scenarios.
💬 Traders, share your expert opinion below:
✅ Accumulation or Distribution?
✅ Next move Bullish or Bearish?
✅ Entry / SL / TP plans?
👇 Comment if you are a smart trader!
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