💯 Short signal $FUN 🔥

Entry : $0.00508–$0.00512

✅ Trade Signal Summary

Entry : $0.00508–$0.00512 (on failure to close above $0.00520)

Stop‑Loss$0.00524 (just above the recent swing high at $0.00523)

TargetsT1: $0.00496;

T2: $0.00480;

T3: $0.00450

Time HorizonMinutes to a few hoursRisk/RewardFrom entry: ~2.5% → ~11.5% potentialConfirmation• Price stalled under 50‑ and 100‑period EMAs on 15 min

• Double‑top formed at $0.00520 with bearish volume spike binance.comcoingecko.com

Rationale:

Not in Top 10: FUNToken currently ranks around #472 by market cap on CoinMarketCap, well outside the top 10 coinmarketcap.com.

Intraday Resistance: The pair peaked at $0.00523 today and has since failed to reclaim that level, forming a double‑top and bearish candlestick pattern on the 5 min and 15 min charts.

Volume & Momentum: Recent volume spike on the rejection candle signals aggressive selling; RSI on the 15 min chart is rolling over from overbought.

Execution Tips:

Keep position sizing tight (2–3% of your equity) and consider 5–10× leverage to capitalize on the swift move.

Scale out partial profits at T1 and T2; trail your stop to break‑even once T1 hits to lock in gains.

If price bounces back above $0.00520 and reclaims the EMAs, exit to limit risk.