$FUN /USDT Short Trade Signal – Bears Taking Control

Entry Price: $0.00550

Target 1: $0.00500

Target 2: $0.00475

Target 3: $0.00450

Stop Loss: $0.00620

Why Short?

#FUN /USDT has experienced a sharp pullback after reaching a 24-hour high of $0.006991 and is currently down from its peak. The recent price action indicates that sellers have taken control, with significant resistance forming near $0.00620-$0.00650. The rapid decline and increased selling pressure suggest a bearish reversal, making it a potential short opportunity.

The price structure is showing lower highs and increased volume on red candles, confirming bearish momentum. If FUN fails to hold above $0.00550, the price may continue downward toward lower targets.

If FUN breaks below $0.00500, this could accelerate the selling pressure and push the price toward $0.00475 and ultimately $0.00450. However, if the price regains momentum and moves back above $0.00620, it would invalidate the bearish setup.

Risk Management Tip:

To secure profits, consider adjusting the stop-loss once the first target is reached. Manage position size carefully to mitigate potential downside risk.

Trade here on $FUN