#BinanceAlphaAlert FUN/USDT is experiencing a massive surge! Big movements on Binance!
FUNToken (FUN) is experiencing strong movements today on Binance. Its price has recently surged rapidly - from about $0.0053 to nearly $0.0144. This represents an increase of over 150% in a short time!
๐น Current price: around $0.0100
๐น 24-hour trading volume: over $150 million (about 10-15 billion FUN tokens across all markets)
๐น Strong buying pressure - many traders are actively entering trades
๐น Common setup: Buy between $0.0129 and $0.0132, targeting $0.0140 and $0.0165
๐น Warning: If the price drops below $0.0110, it is likely to be retested between $0.0095 and $0.0100
๐ข $FUN is gaining significant attention thanks to new features like AI bot, portfolio updates, and token buyback programs. These updates increase confidence in this token and its activity.
๐ Technical indicators:
-EMA(7) > EMA(25): Indicates a bullish crossover.
- Recent rebound: The price dropped to $0.0091 but quickly recovered, indicating strong buying interest.
- Funding rate update: Binance Futures has raised funding settlements from every 4 hours to every 2 hours, which may affect leveraged positions.
โ ๏ธ Risk considerations:
- Volatility: High volatility can lead to rapid price fluctuations.
- Funding fees: Short-term funding fees can accumulate quickly, especially for leveraged positions.
- Market trends: Keep an eye on the overall cryptocurrency market trends, as they may affect $FUN price movements.
