🔍 Technical Analysis: $FUN /USDT

Current Price: 0.009906 USDT

24h Change: -1.56%

Recent Low: 0.009594

Recent Rebound: Strong bounce from 0.009594 to 0.0099+

📊 Key Indicators Overview:

1. MACD:

DIF: -0.000011

DEA: -0.000010

MACD Histogram: -0.000001 (Weak bearish momentum, possibly bottoming out)

➡️ Interpretation: MACD is showing signs of convergence, indicating a potential bullish crossover is approaching.

2. RSI(6): 42.23

➡️ In the neutral zone, moving up from oversold. Shows early momentum building.

3. Stochastic RSI:

K: 24.74

D: 26.14

➡️ Near the oversold area, which often precedes a trend reversal upward.

4. Williams %R (14): -85.52

➡️ Oversold territory (< -80), suggesting a buying opportunity could be forming.

5. Volume and Moving Averages:

Volume spike during the last drop and rebound confirms strong buyer interest at lower levels.

MA(5): 771,926

MA(10): 1,327,403

➡️ Price is consolidating just below short-term averages. A move above these MAs will confirm trend reversal.

✅ Long Trade Strategy Suggestion:

🔸 Entry Zone:

Start scaling in between 0.00980 – 0.00990

(Watch for confirmation with MACD crossover and RSI breaking above 50)

🔸 Confirmation Signal:

Break above 0.00995–0.01000 with strong volume

RSI > 50

MACD histogram turns positive

🔸 Target:

TP1: 0.01040

TP2: 0.01090

TP3: 0.01150

🔸 Stop Loss:

Below 0.00960

🚀 $FUN /USDT Primed for Long Entry!

After a strong rebound from the 0.00959 bottom and bullish indicators starting to align, now is the time to prepare your long entry!

🔹 RSI recovering

🔹 Oversold signals on StochRSI & W%R

🔹 MACD nearing a bullish cross

📈 Entry from 0.00980 – Target up to 0.0115!

Don’t miss this potential early breakout wave get ready to ride FUN upwards! 💥

#CryptoTrading #fun #MarketRebound #TechnicalAnalysis

$BTC