#FUN

i wrote about $FUN in 19th June

now the green colour is getting higher.

Volume & Momentum:

The latest bullish candle is accompanied by a significant spike in volume, indicating strong buying interest and a potential reversal or continuation of the uptrend. The RSI is at 70.88, approaching overbought territory, which suggests momentum is strong but could be nearing a short-term exhaustion

Bullish Shift:

The recent strong green candle has broken above the previous lower high, signaling a potential change in structure from bearish to bullish on the weekly timeframe. This suggests the market may be forming a new higher low and higher high pattern.

Liquidity Grab:

The sharp move up and the volume spike could indicate a liquidity grab—where price sweeps previous lows, accumulates orders, and then rallies. This is often seen at the end of a downtrend and the start of a new bullish phase.

Watch for a weekly close above 0.0067–0.0070 for confirmation of bullish continuation.

A pullback to the 0.0051–0.0060 area may offer a high-probability entry for trend-followers, with stops below 0.0045.

If the price fails to hold above 0.0060 and closes back below 0.0051, it could signal a false breakout and return to range-bound or bearish conditions.