$FUN Trade Thesis

Overbought Signal (RSI 70+)

$FUN is currently showing signs of being overbought on shorter timeframes.

RSI (Relative Strength Index) above 70 suggests a potential pullback or correction.

Volume Spike = Exit Liquidity?

The recent 30% pump came with unusually high trading volume — often a sign that smart money is exiting.

Watch for declining volume on the next leg up — that's a red flag.

Resistance Zone Hit

Price is approaching a strong resistance zone from a previous top.

Without a fundamental catalyst, it's likely to reject or consolidate here.

Mean Reversion Likely

Most sharp pumps are followed by mean reversion. Expecting a retracement to the 20 EMA or VWAP could be a good strategy.

Market Sentiment

General market sentiment today is neutral to bearish, meaning altcoin pumps like this one are more likely to be short-lived.

Take-Profit Strategy

Always lock in profit. Target 15-20% downside from current level.

Re-enter only if you see confirmation of bounce/support.

Set Stop-Loss Smartly

Don't short blindly. Place a tight stop-loss above the local high to avoid a squeeze.

Avoid Overleveraging

Because of high volatility, use low leverage and preserve capital.

Risk small to win big — smart money survives longer.

Let me know if you'd like this structured into a post or visual chart format too.