Massive Long Liquidation Hits $FUN : Is This the Calm Before the Storm?
A whopping $1,408 worth of Longs just got liquidated at $0.004149, sending a strong signal of weak hands being shaken out. This sudden flush could be the perfect setup for a strategic bounce — but only for those ready to act with precision.
Analysis & Strategy
The long liquidation suggests a liquidity sweep and a reset of bullish momentum. With key support zones being tested, it's time to prepare for either a reversal or deeper dip.
Buy Zone (Accumulation Area):
$0.004000 to $0.003800
This zone aligns with recent demand pockets and previous liquidity grabs. Watch for volume confirmation and signs of reversal before entering.
Target 1: $0.004400
Target 2: $0.004750
Target 3 (Swing): $0.005200
These levels mark previous resistances and Fibonacci retracement levels from the last move down.
Stop-Loss: $0.003680
Tight enough to protect capital, but wide enough to avoid random wicks.
Narrative:
The recent flush could be the final shakeout before a strong bounce. If the price stabilizes within the buy zone and bulls reclaim $0.00425 with volume, the upside potential is significant. However, a break below $0.003680 could signal deeper pain ahead.
