📉 #FUNUSDT Bearish Setup Alert ⚠️

After an explosive move pushing FUN/USDT to a local high of 0.008369, the price is now showing signs of potential exhaustion.

🔻 Technical Analysis Highlights:

1H RSI is currently at 64.52, approaching overbought territory.

MACD histogram is declining after a strong bullish momentum, indicating a potential bearish crossover.

The price has printed a sharp wick on the recent candle, suggesting rejection at higher levels.

Volume divergence may be forming — strong price move up but weakening momentum on indicators.

📌 Bearish Entry Zone: 0.00760 - 0.00780

🎯 Target 1: 0.00690

🎯 Target 2: 0.00635

🛡️ SL: 0.00840 (Above recent high)

💡 Risk Management: Use proper leverage and position sizing. This setup is ideal for short-term scalpers or swing traders expecting a correction after a parabolic run.

Let the chart play out, and always trade with discipline. 🧠