🚀 FUN Surge Warning! RSI Overbought + Whale Selling Pressure, Must Watch Stop-Loss Levels for High Pursuit!
Technical Analysis:
• Bollinger Bands: Current price 0.013416 is close to the upper band (0.013403), deviation 100.56%, seriously overbought;
• MA200/Cost Basis: Price deviates from MA200 by 11.84%, higher than cost basis of 11.34%, profit accumulation;
• Volume: 24h volume surged by 274% but price increased only by 2.46%, volume-price divergence; open interest dropped by 1.31% in 24h + long-short ratio plummeted (0.79→0.72), bears gaining strength;
• Key Levels: Support at MA200 0.0120, resistance at 0.0138; liquidity trap: $4.4 million USDT selling pressure wall exists at 85.0/625.0!
Strategy:
• Direction: Short-term short position (1-3 days correction);
• Entry: Current price 0.013416 (aggressive) or rebound at 0.0135 (conservative);
• Stop-Loss: 0.0138 (3% breakout above the upper band);
• Target: 0.0123 (MA200 support);
• Risk-Reward Ratio: 1:2.91 (calculated according to the formula).
⚠️ Risks:
• RSI 78.86 warns of reversal, if it breaks 0.0138 or triggers a short squeeze;
• Position ≤2%, avoid low liquidity periods!
> Conclusion: After the surge, technical indicators are overbought, signs of main force selling are emerging, short position has an advantageous risk-reward ratio but strict stop-loss must be observed.
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