😬 $FUN /USDT — Is the Fun Over or Just on Pause?

Price: $0.0034

Timeframe: 1D (Daily)

Daily Change: –1.11%

Status: Testing key support, further downside possible

🔍 Technical Breakdown:

MA 7: $0.00362 ❌

MA 25: $0.00357 ❌

MA 99: $0.00460 ❌

👉 The price is trading below all major moving averages, clearly stuck in a downtrend. It needs to reclaim at least the 25-day MA ($0.00357) to show any strength.

After the explosive rally in April, the downtrend has remained intact.

Currently testing key previous lows around $0.0033. If this support fails, there’s not much holding it below.

🧱 Support Levels:

S1: $0.00330 → Current level being tested

S2: $0.00290 → March low

S3: $0.00240 → Psychological bottom

🎯 Resistance Levels:

R1: $0.00360 – Confluence of MA7 and MA25

R2: $0.00400 – Horizontal short-term resistance

R3: $0.00460 – MA99; reclaiming this would suggest trend reversal

⚠️ Assessment:

FUN/USDT is walking a tightrope. The last attempt to bounce failed and price remains under pressure. If $0.0033 breaks, downside acceleration is likely.

However, a strong bounce here could mark a double bottom, offering a high-risk, high-reward opportunity — but only if confirmed.

🧠 Final Thoughts:

This chart is basically saying: "I'm not kidding." For the fun to return, the bulls need to show up and break resistance. Right now, we're testing the floor — not confirmed as the bottom just yet.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!