$FUN/USDT BEARISH SETUP UNFOLDING 📉🔥 — WATCH FOR A BREAKDOWN BELOW SUPPORT!
🔍 Technical Analysis Overview
$FUN /USDT is trading at $0.003766 (-5.68%), currently under pressure as it struggles below all key moving averages. Momentum is weak, and price action is forming a lower high pattern on intraday charts.
📊 Key Technical Levels
🔻 Resistance Levels:
$0.003852 (near-term resistance)
$0.004039 (24h high / major resistance)
🔻 Support Levels:
$0.003681 (24h low & key support)
$0.003600 (next support zone if breakdown occurs)
🧭 Current Price: $0.003766
📉 Trend Bias: Bearish (below MA(7), MA(25), and MA(99))
🛠️ Trade Setup — SHORT Entry Idea:
Entry Zone: $0.003760 - $0.003790
Target 1 (TP1): $0.003681
Target 2 (TP2): $0.003600
Stop Loss (SL): $0.003860 (above resistance & MA cluster)
📌 Confirmation: Look for rejection at $0.003790 or a close below $0.003740 with volume spike.
⚠️ Risk Management Reminder
Use strict SLs and risk no more than 1.5% of your portfolio per trade. Protect your capital and avoid overleveraging. 🎯🛡️
🚨 Momentum favors the bears — trade with caution and precision!
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