$FUN /USDT 4H Trade Setup

Market Insight:

$FUN has retraced sharply by -12%, with price dipping to a low of 0.017298. It is currently hovering just above this key support with a Mark Price at 0.017389. The price is trading below all major MAs (7, 25, and 99), indicating ongoing bearish pressure. However, a bounce is possible if volume sustains and bulls defend the lower range.

Entry Zone:

🟢 0.01710 – 0.01750 (ideal for dip buyers looking for a reversal setup)

Targets:

🎯 Target 1: 0.01800

🎯 Target 2: 0.01870

🎯 Target 3: 0.01930

Stop Loss:

🔴 0.01670 (Below local structure and recent wick lows)

Key Levels:

Support: 0.01710 / 0.01670

Resistance: 0.01800 / 0.01870 / 0.01930

Pivot Zone: 0.01785 (MA(7)) and 0.01844 (MA(25))

Pro Tip:

Watch for volume divergence or bullish engulfing candles on the 4H chart near the entry zone. A reclaim of MA(7) with strong volume could signal momentum reversal. Best suited for short-term bounce traders unless 0.01870 flips to support.

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