6.23 Is the breakthrough of FUN above 0.01 just the beginning? The technical aspect reveals the intentions of the main players!

1. Summary of Yesterday's Market (June 22)

Yesterday, the trend of FUN was extremely strong, described as a "violent surge":

The price rose from the 0.0063 range all the way up to a maximum of 0.00987, with a daily increase of nearly 57%.

In the morning, it consolidated sideways, and in the evening, the bulls suddenly gained momentum, breaking through multiple resistance levels with volume.

The daily K-line successfully broke through the downward trend line and achieved a volume breakout above the upper Bollinger Band, showing very strong momentum.

2. Technical Chart Analysis

Four-hour analysis: The Bollinger Band shows a diverging trumpet shape, with the price stabilizing above the upper band, indicating strong upward momentum.

The MA5 and MA10 moving averages formed a golden cross, with a steep angle, confirming the trend.

The volume supports the rise, not a false move.

One-hour analysis: Continuous bullish K-lines have reached new highs; although there are signs of overheating in the short term, there has been no large bearish engulfing line, and sentiment has not turned bearish.

RSI is approaching overbought, but its reference significance is limited in a strong trend.

3. Opening Position Suggestions

Opening Position: 0.00960

First Take Profit Level: 0.00984

Second Take Profit Level: 0.01008

Stop Loss Level: 0.00926

4. Strategy Layout Suggestions

Primarily try a light long position, with holdings not exceeding 30%, to avoid the risk of high-level fluctuations and corrections.

If it successfully breaks above 0.0100 and stands firm with increased volume, consider adding to the long position to accelerate the main upward wave entry.

If the price pulls back to around 0.00926, a small position may be added, but a hard stop loss must be set.

Pay attention to changes in turnover rate at high levels; be cautious of increased volume stagnation.