$FUN /USDT Perp Trading Strategy

Market Insight:

$FUN has surged by 18.5%, pushing through key resistance levels with strong volume (17.79 billion FUN traded, valued at $273 million USDT). After hitting a high of $0.01787, the price has slightly cooled off. Volatility remains high, so trades should expect sharp intraday moves.

Entry:

Buy Zone: Between $0.0156 and $0.0161

(Look for entries near the current consolidation area. Strict stop-loss discipline is important.)

Targets:

Target 1: $0.01703 (local resistance and pivot area)

Target 2: $0.01787 (recent high over the last 24 hours)

Target 3: $0.01850 (potential extension target if breakout continues)

Stop Loss:

Stop: $0.01480

(This is just below the EMA support and Parabolic SAR reversal zone. It helps to cap downside risk.)

Key Levels:

Support: $0.01485 / $0.01375 / $0.01348

Resistance: $0.01703 / $0.01787 / $0.01812

Pivot Zone: $0.01611 (very close to the current mark price)

Pro Tip:

$FUN has a tendency to spike quickly and retrace just as fast. If trading volume starts to weaken around the $0.017–$0.018 zone, consider taking partial profits. Also, keep an eye on Bitcoin for broader market cues. A break below $0.0148 will invalidate this setup.