$FUN
**FUN/USDT - Weekly Chart Analysis (Caution Advised)**
🔥 **Current Price**: $0.007225 **(+41% in 24h)**
📉 **Weekly Range**: $0.005104 - $0.008369 *(Volatility Extreme)*
💣 **Volume Alert**: 318B FUN ($2.19B USDT) traded - **Potential Distribution**
Critical Weekly Levels:
- 🟢 **Support**: $0.006671 (Weekly Base) → $0.005104 (Last Week's Low)
- 🔴 **Resistance**: $0.008369 (24h High) → $0.008985 (MAGA Level)
Weekly Chart Reality Check:
1. **Bearish Divergence Visible** - Price made higher high but volume shows weakening momentum
2. **Overextended Move** - 41% pump on weekly chart often leads to mean reversion
3. **No Fundamental Catalyst** - Pure speculative trading driving price
Professional Take:
*"This looks like a classic 'pump and dump' structure on weekly timeframe. While short-term traders might chase it, the weekly chart suggests exhaustion. The $0.008369 level has rejected price twice now, creating a potential double top pattern."*
Will It Make New High?
**Unlikely in current conditions** unless:
Safe Trading Approach:
🛑 **Wait for either**:
1) Clear break & close ABOVE $0.00837 with volume
OR
2) Healthy pullback to $0.0066 support for better risk/reward
🔍 **Weekly Chart Shows**:
- Stretched price action needing consolidation
- Smart money likely taking profits here
- Retail FOMO at dangerous levels
**Remember**: Weekly moves like this often retrace 50-78% before next leg up (if any). Trade accordingly!
⚠️ **Not Financial Advice** - Always do your own analysis. This is an extremely high-risk asset.