A look at the technical indicators:
RSI = 87 🔥: In the overbought area, which means we may be approaching resistance or the beginning of a correction, but sometimes coins stay here for a while if the momentum is strong.
MACD is very positive with a clear upward crossover: reflecting a strong trend reversal.
The recent candles confirm a break of strong resistance at 0.0041, reinforcing the idea of continued momentum.
Daily high price = 0.004893, and the current price is very close to it = the market is still strong.
$FUN
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⚖️ Is buying now a smart decision?
✅ Opportunity if:
You were looking for a quick speculation with strong technical confirmation.
I placed a stop loss below 0.0041 (as a previous break area).
I targeted profits near 0.0052 then 0.0058 (if momentum continues).
❌ Risk if:
I entered late and expected the rise to continue without a plan.
I ignored the overbought signals in RSI.
The overall market is weak or has experienced a sudden correction.
$FUN
📢 The final word:
FUN is not just a random bounce; there is clear volume and price explosion, indicating a calculated move or even "smart pumping." But caution is required — smart buying happens with a plan and a ready stop loss.
$FUN
Do you think FUN will break 0.005? Or is a correction coming? Share your opinion! 👇