$FUN USDT BEARISH BREAKDOWN: BEARS TAKE CONTROL AS FUN TESTS KEY SUPPORT LEVELS!
🔍 Technical Analysis Overview
$FUN USDT pair is currently showing bearish momentum, trading at $0.003501, with a 7.53% drop in the last 24 hours. After failing to sustain above the resistance zone of $0.00380–$0.00390, FUN has broken down toward its short-term support.
📉 Key Levels
Immediate Resistance: $0.00380
Major Resistance: $0.00410
Immediate Support: $0.00343
Major Support: $0.00330
The price is hovering just above the critical support at $0.00343, and if this level breaks, we could see a further drop toward the $0.00330 zone.
📌 Trade Setup – SHORT Position
Entry: $0.00350–$0.00348
Take Profit (TP):
TP1: $0.00343
TP2: $0.00330
Stop Loss (SL): $0.00380
This setup offers a high reward-to-risk ratio as the price faces heavy sell pressure near its resistance zones and struggles to hold above support.
🧠 Market Outlook
With a -38.58% drop in the last 30 days, the broader trend remains bearish. Although the 90-day performance shows a 67% gain, the recent breakdown and sharp sell-off point to a potential continuation of the downtrend, especially if support levels fail.
⚠️ Risk Management
Use 1–2% of your capital per trade. Adjust position size based on your risk tolerance. Always trade with SL and don’t overleverage.
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