โ ๏ธ $FUN ๐ฅ๐ฏ
/USDT โ Bearish Setup Ahead! Are the Bears in Control? โ ๏ธ
$FUN is showing signs of weakness after failing to hold above recent highs. The price action suggests a bearish reversal, with selling pressure building up.
๐ป Current Price: $0.009505
๐ Trend: Bearish
๐ Indicators: MACD turning down, RSI cooling off from overbought levels, and rejection near upper BOLL band.
๐ Technical Setup:
Entry (Short): $0.00940
Target 1: $0.00860
Target 2: $0.00780
Stop Loss: $0.01010
๐ก Analysis: FUN is facing resistance near the $0.010 level. A breakdown below support zones may trigger a deeper pullback toward key demand levels. Volume suggests weakening buying interest.
๐ Traders may look to short with caution, keeping an eye on overall market sentiment