FUN/USDT Market Analysis – Short Setup Alert
FUN Token is setting up for a potential short opportunity, currently positioned around the 0.006797 entry zone. Market structure hints at bearish pressure building up, with lower highs forming and resistance holding firm.
Entry:
0.006797 (Short Position)
Take-Profit Targets:
TP1: 0.006725 – Initial support level; quick scalp zone
TP2: 0.006625 – Further downside into minor support
TP3: 0.005800 – Key target from previous consolidation zone
TP4: 0.004300 – Macro-level bearish target if trend accelerates
Stop-Loss:
0.007110 (CROSS) – Positioned just above resistance to avoid false breakouts
Leverage:
20x
This trade favors downside momentum as long as the price remains below the 0.00711 resistance. A break and close below 0.006625 could trigger stronger selling toward deeper levels.