#FUN Violent Surge of 623%! Is it an Opportunity or a Trap?
Fun is truly impressive, with a continuous rise for a week and a daily increase of nearly 40%! Trading volume has surged temporarily, clearly indicating concentrated buying from major funds.
However, such a sudden surge without prior consolidation often hides risks. The price has rapidly risen from $0.0032 to nearly $0.014 in just a few days, almost tripling, with sufficient short-term profit accumulation. This is clearly the actions of a market maker protecting the price; this coin needs to follow the market maker's pace.
In terms of operation, it is recommended to closely monitor signals for a halt in the rise; there is no need to pursue an exact peak exit. If there are signs of consecutive decreasing volume and stagnation, long upper shadows, sudden spikes, or moving averages turning downward, one can decisively position for a short.
Continuous explosive rises and market makers protecting the price; this is also our decisive entry opportunity.
The next 10x coin, publicly positioned, welcome to watch.
Focus for the day: fun, spk, hype, sol, uni