$FUN /USDT – Bullish Trade Setup
Entry (Long): 0.00460–0.00470
Stop Loss: Below 0.00400 (beneath recent support)
Take Profit Zones:
TP1: 0.00540
TP2: 0.00580–0.00600
🔍 Pattern & Market Context:
Breakout Rally: The price has clearly broken out of a consolidation range with a strong impulsive move upward.
Retest Area: It’s currently retesting the breakout zone, with price stabilizing just below recent highs.
EMA Confirmation: Both the red and green EMAs are curving upward, indicating bullish momentum continuation.
Volume & Candle Structure: Strong green candles with higher highs suggest buying pressure remains active.
Watch for a double top around the recent highs as a potential early sign of trend exhaustion.
Trade $FUN