$FUN Trade setup
Bullish Scenario – Breakout Trade
✔️Entry Points
Aggressive: Enter around 0.006348 if volume increases and momentum holds.
Conservative: Wait for a pullback to 0.006000 for a more favorable risk-to-reward ratio.
🟢Profit Targets
First target at 0.006500 for partial profit booking
🟢Second target at 0.006923 (24h high)
Potential extension to 0.007000 or beyond if breakout sustains
🔴Stop-Loss
Set just below 0.005900 to limit downside risk
✔️Bearish Scenario – Rejection at Resistance
🟢Entry Point
Consider shorting near 0.006500 if price shows reversal signals such as upper wicks, bearish candlesticks, or weakening volume
🟢Profit Targets
0.006000 as the first target
0.005500 if bearish momentum strengthens
🔴Stop-Loss
Above 0.006700 to protect against sudden breakouts
FUN/USDT is currently in an uptrend but facing a key resistance zone around 0.006923. A confirmed breakout could propel it toward the 0.007000 level, while a failure to hold may result in a retest of the 0.006000 support zone.
Risk Management Tips
Limit risk exposure to 3–5% per trade.
Watch for volume confirmation to validate entry and exit points.