$FUN /USDT 4H Trade Setup
Market Insight:
$FUN is down 6.24%, currently trading at 0.018294, near its 24h low of 0.018067. Price is hovering just below the short-term MA(7) at 0.018315, and well under MA(25) and MA(99), indicating a bearish short-term structure. However, the proximity to support and strong 24h volume (419.85M FUN) suggests oversold conditions that could lead to a bounce.
Entry Zone:
š„ 0.01790 ā 0.01830
(Current price is within this zone)
Targets:
šÆ Target 1: 0.01890
šÆ Target 2: 0.01950
šÆ Target 3: 0.02010
Stop Loss:
ā 0.01760
(Below recent support and 24h low to minimize downside risk)
Key Levels:
Support: 0.01807 / 0.01790
Resistance: 0.01899 / 0.01953 / 0.02055
MA(7): 0.018315
MA(25): 0.019090
MA(99): 0.019534
Pro Tip:
FUN is trading in a low-volatility consolidation near local support. Watch for a bullish 4H candle close above 0.01850 with rising volume to confirm a rebound setup. Avoid chasing price above 0.0190 unless volume exceeds the MA(10).
#ETHBreaks3700 #StrategyBTCPurchase #StablecoinLaw #GENIUSAct #BinanceHODLerC