$FUN USDT Faces Sharp Correction — Bears Strike After Parabolic Move 🔻
After a massive increase of +60% during the day, FUNUSDT entered a sharp correction, retreating below the psychological level of $0.0100. Sellers intervened strongly after the peak, pushing the price into a correction phase after surpassing the boundaries.
📉 Trade Setup — Short Position:
Entry Area: $0.00980 – $0.00960
Profit Taking Targets: $0.00860 / $0.00810 / $0.00755
Stop Loss: $0.01040
Risk Distribution: 2–3% of the portfolio
Leverage: 10x
📊 Market Outlook:
FUN experienced profit taking after a strong vertical pump. With lower highs forming and red candles falling, short-term momentum turned bearish. If the price loses $0.00900, a deeper correction towards $0.0075 is likely.