$FUN /USDT TECHNICAL ANALYSIS: BULLISH MOMENTUM FACES NEAR-TERM RESISTANCE AROUND $0.0040
$FUN /USDT pair is currently trading at $0.003957, showing a 1.00% gain in the last 24 hours. After a brief dip to $0.003824, bulls pushed the price close to the key resistance at $0.004060, which is also the 24h high.
š¹ Key Technical Highlights:
Short-term Trend: Bullish, with higher lows visible on intraday charts.
Resistance Zone: Strong resistance seen around $0.0040ā$0.00406, where price has repeatedly faced selling pressure.
Support Levels: Immediate support lies near $0.00385, followed by $0.00380, a zone that has previously seen buying interest.
Volume Spike: 24h trading volume stands at 747M FUN, indicating active market participation, mostly favoring buyers.
š Performance Summary:
Today: +1.38%
7 Days: +16.92%
30 Days: -27.39%
90 Days: +104.12%
180 Days: -25.38%
š§ Market Outlook:
The short-term sentiment remains bullish, but the price is testing a crucial resistance. A clear breakout above $0.00406 with strong volume could open the door toward $0.00420 and $0.00450 next. Failure to break this zone may lead to a pullback toward $0.00385 before another upward attempt.
Traders should watch for consolidation or breakout confirmation before entering new positions.
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