$FUN /USDT Trade Update – Bullish Continuation Likely? 🎯

Current Price: 0.00420 USDT

24H Gain: +23.30% 🚀

Timeframes Analyzed: 1H & 1D

📊 Chart Analysis & Trend Setup:

🔹 1H Timeframe:📊

FUN surged rapidly and is now consolidating just above the 20 EMA.

$FUN Price is holding well above the 50 EMA and previous resistance near 0.00410, now acting as support.

RSI is cooling off from near overbought (currently ~58), suggesting short-term consolidation before the next leg up.

MACD shows weakening bullish momentum but no bearish crossover yet — healthy pullback signs.

🔹 1D Timeframe:📊

A strong bullish engulfing candle has closed above both the 20 EMA and 50 EMA.

$FUN Price faced rejection near the 200 EMA (0.00427), which is a key resistance to break.

MACD crossed bullish on higher timeframe — trend reversal confirmed.

RSI nearing 56 — mid-strength, still has room for upside.

🎯 Trading Plan (Bullish Bias):

Entry Zone: 0.00410 – 0.00420 (on dips)

Targets:

1️⃣ Short-Term: 0.00458 (Previous high)

2️⃣ Mid-Term: 0.00475 – 0.00500+

Support Zone: 0.00382 – 0.00370 (Strong Daily EMA support)

Stop-Loss: Below 0.00365 (Daily invalidation level)

💡 Pro Tip: Watch for a clean breakout above 0.00427 with volume — that could trigger an explosive rally.

📌 Key Levels:🔑

Resistance: 0.00427 – 0.00458

Support: 0.00400 – 0.00370

Bias: 🔼 Bullish until support breaks

📈 Market Sentiment: Recovery play gaining traction after strong volume-based reversal.

🧠 "React to structure, not emotion. Price never lies — patterns just whisper what’s next."

📜 This is not financial advice. Do your own research before trading.

#fun #FOMCMeeting #MyTradingStyle #Binance #BinanceAlphaAlert