While most traders were looking for altcoins with potential, $FUN decided to remind that fun is not always enjoyable, especially when the asset is artificially pumped and dumped in a classic 'pump & dump' style.
🔍 What's happening:
• In the last few days, $FUNToken (FUN/USDT) showed anomalous volume growth in a low-liquidity market.
• As of today, over $4.5 million is stuck in long positions on centralized exchanges (data from Coinglass).
• The funding rate has repeatedly exceeded 0.15% — this is a classic signal that 'longs are overheated', and it is profitable for the market maker to liquidate them.
🧨 Why a crash is inevitable:
1. Liquidity is thin — $FUN does not have stable volume support. Price movements are often provoked by a small number of orders.
2. There is no foundation. The project has not shown active development for a long time: the last major updates were back in 2023.
3. On the chart — a classic trap. Formation of a peak on H4 and H1, weak buyer reaction to retests, lack of accumulation.
📉 When to expect a crash?
Everything is pointing to the fact that first they will collect the maximum long liquidations (another spike up is possible), after which a deep decline will begin, with a potential drop zone to:
• 0.0045–0.0050 USDT — the zone of the last major accumulation before the pump.
🎯 What a trader should do:
• If you are in a long position — check your stops, and don't hope that 'it will hold'.
• If in a short position — wait for the trigger after the liquidation climax (example: mass closures on Binance within 1-5 minutes).
• Neutral? Watch and learn. This is classic behavior for low-cap alts.
📌 Conclusion:
In $FUN it can be 'fun', but only for those who are on the other side of your position. Remember: where there is no foundation — there is only speculation. And the market always plays against the majority.
