$FUN /USDT short trade signal 🚦 🛑
BEARISH PULLBACK AFTER FAILED BREAKOUT — SHORT SETUP ACTIVATED
$FUN tried to break above the resistance near 0.00690 but was strongly rejected, leading to a bearish engulfing candle and a break below the key consolidation zone. Current price action shows weak buyer response and a potential for further downside continuation as momentum fades.
Trade Setup: (SHORT)
Entry: 0.00637 – 0.00650
Take Profit Targets:
TP1: 0.00607
TP2: 0.00589
TP3: 0.00570
Stop Loss: 0.00678
Market Outlook:
The rejection from the upper resistance zone signals exhaustion in bullish strength. If sellers maintain control below 0.00650, the price is likely to revisit previous demand zones. A break below 0.00600 would strengthen the bearish case further.
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