📊 $FUN Technical Breakdown
1. ABCDE Elliott Wave Completed:
- Price has formed a clear ABCDE wave structure.
- Wave E topped around 0.0088 USDT, a major resistance and liquidity zone.
2. Bearish Divergence on Stochastic RSI:
- Momentum indicators are weakening.
- Bearish crossover forming, signaling a potential trend reversal.
3. High-Probability Short Setup:
• Sell Zone (Wave E): 0.0081 – 0.0088 USDT
• Take Profit 1 (TP1): 0.00686 USDT
• Take Profit 2 (TP2): 0.00553 USDT
• Stop Loss (SL): 0.0089 USDT
4. Risk-to-Reward:
- R/R Ratio: 2.59
- Suitable for intraday scalpers and short-term swing traders.
🧾 Strategic Insight:
- Elliott structure has matured.
- Bearish momentum is building.
- Short opportunity aligns with technical confluence.
> "The edge lies in timing exits, not chasing tops. Trade where smart money offloads." 🔻
