WhaleWatcherr
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Is $FUN Trapped? Here's the ONLY Way to Trade This Chart.
Many traders will look at the $FUN chart right now and get chopped to pieces. Why? Because the price is trapped in a tight sideways range. There is no clear trend.
This is what professionals call a consolidation or accumulation phase. Think of it like a spring coiling up—pressure is building, but we don't know which way it will break. Trading inside this range is a guessing game.
Here's the smart, professional way to plan your trade.
📊 The Analysis: Defining the Battlefield
The chart is a clear battle between buyers and sellers with no winner yet.
Resistance (The Ceiling): The price is struggling to break above the 0.01005 level. Support (The Floor): Buyers are defending the 0.00990 level. The Market Emotion: Indecision. Neither bulls nor bears are in control.
📈 The Game Plan: Don't Guess, React.
The #1 rule in a ranging market is: DO NOT trade in the middle. We wait for the price to prove its intention by breaking out of the range. Here are the two possible scenarios:
1. The Bullish Breakout Plan 🐂
✅ Entry Signal: Wait for a strong 15-minute or 1-hour candle to close decisively ABOVE 0.0996. This confirms buyers have won.🎯 TP1: 0.01020🎯 TP2: 0.01040🛑 SL: Place it back inside the range, around 0.00998.
$FUN
2. The Bearish Breakdown Plan 🐻
✅ Entry Signal: Wait for a strong candle to close decisively BELOW 0.00990. This confirms sellers have won.🎯 TP1: 0.00975🎯 TP2: 0.00960🛑 SL: Place it back inside the range, around 0.00997.
$FUN
🔥 The Bottom Line: Patience is your biggest weapon right now. Let the market show its hand first. Trying to predict the direction is gambling; waiting for a confirmed breakout is professional trading.
👇 Which way do you think it will break? UP or DOWN? Vote in the comments!
❤️ Like if you learned something, and follow for more daily trade plans!
#FUNTOKEN #fun #Funusdt
This is what professionals call a consolidation or accumulation phase. Think of it like a spring coiling up—pressure is building, but we don't know which way it will break. Trading inside this range is a guessing game.
Here's the smart, professional way to plan your trade.
📊 The Analysis: Defining the Battlefield
The chart is a clear battle between buyers and sellers with no winner yet.
Resistance (The Ceiling): The price is struggling to break above the 0.01005 level. Support (The Floor): Buyers are defending the 0.00990 level. The Market Emotion: Indecision. Neither bulls nor bears are in control.
📈 The Game Plan: Don't Guess, React.
The #1 rule in a ranging market is: DO NOT trade in the middle. We wait for the price to prove its intention by breaking out of the range. Here are the two possible scenarios:
1. The Bullish Breakout Plan 🐂
✅ Entry Signal: Wait for a strong 15-minute or 1-hour candle to close decisively ABOVE 0.0996. This confirms buyers have won.🎯 TP1: 0.01020🎯 TP2: 0.01040🛑 SL: Place it back inside the range, around 0.00998.
$FUN
2. The Bearish Breakdown Plan 🐻
✅ Entry Signal: Wait for a strong candle to close decisively BELOW 0.00990. This confirms sellers have won.🎯 TP1: 0.00975🎯 TP2: 0.00960🛑 SL: Place it back inside the range, around 0.00997.
$FUN
🔥 The Bottom Line: Patience is your biggest weapon right now. Let the market show its hand first. Trying to predict the direction is gambling; waiting for a confirmed breakout is professional trading.
👇 Which way do you think it will break? UP or DOWN? Vote in the comments!
❤️ Like if you learned something, and follow for more daily trade plans!
#FUNTOKEN #fun #Funusdt
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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