The King of Altcoins Returns! $FUN 0.0041 has successfully bottomed out, and tomorrow we will start with a direct surge of 30%!
The four-hour chart of FUN shows that the price is consolidating near 0.0041 after a drop, with volume significantly larger than in previous days, definitely not a false signal to lure buyers!
The MACD double lines are flattening below the zero axis and about to golden cross, the KDJ is turning upwards from a low position and is about to form a valid golden cross, which is a signal of bullish accumulation.
There are rumors circulating in the community that the project team may take action, funds have already started moving in advance, and the bottom has continuously engulfed half of the previous bearish candlestick, a typical stop-loss pattern!
With BTC stabilizing and rebounding, the opportunity for altcoin rotation is coming, and FUN, as a popular sector, may rebound at any time.
At this position, it will either break to a new low or the main force will take the opportunity to wash out positions and accumulate, looking at the volume and indicator divergence, the probability of rising is much greater than falling!
Those with light positions can take small positions for speculation, first looking at whether the resistance level at 0.0045 can be broken; if it can’t be broken, there will still be consolidation, but with this volume and indicator combination, the possibility of a spike is greater.
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