$FUN has risen quite a lot. But profit taking is going strong. Sellers are trying to push down but buyers are also push hard but from depth chart it seems sellers may be winning.
As or indicators and oscillators: The price action nearing the upper band and the overall upward trend visible in the price chart, along with the expanding Bollinger Bands, could suggest a bullish sign.
RSI is neutral to slightly bullish. Same with MA.
Overall, most indicators are bullish, some are neutral and few are bullish. Strong buy signals.
But we have to keep the overall market sentiment in mind too. yesterday's bullish crazy is no more and many tokens from BTC, ETH to meme coins like Doge, all showing red.
I think we will see red with FUN, only if the buyers do not remain strong with good volume. Otherwise FUN will touch new height Inshaallah. Dyor and i would suggest to move with caution and set stop loss.
