$FUN /USDT – Sharp Spike Followed by Rejection! Time to Short? 🚨
Market Structure:
Sudden vertical pump to $0.005826 followed by strong red candles
Price struggling to hold above the breakout zone
Price Action Insight:
Bearish engulfing candle after top wick
Buyers exhausted after parabolic move
Short Trade Setup:
Entry Zone: $0.00530 – $0.00540
🎯 TP1: $0.00500
🎯 TP2: $0.00482
🎯 TP3: $0.00470
🛑 Stop Loss: $0.00562
Why This Setup Matters:
High-volume rejection candles confirm seller dominance
No consolidation to support continuation—likely retracement ahead
Pro Tip:
Quick drops follow sharp pumps! Secure profits at each level and trail your stop for max safety.
Let’s ride the dip before it bounces again!
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