$FUN /USDT – 4H Trade Setup

Market Insight:

$FUN is experiencing strong bearish pressure, down 8.52% in the last 24h. Price is testing the lower support range, trading just below the 7 EMA (0.017339), suggesting short-term weakness. The long-term MAs (25 & 99) remain above price, reinforcing the downtrend.

Entry Zone:

🔹 0.01700 – 0.01730

(Potential bounce zone with prior demand reaction near 0.017049.)

Targets:

🎯 Target 1: 0.01785 (25 EMA retest)

🎯 Target 2: 0.01880 (Previous mid-resistance zone)

🎯 Target 3: 0.01940 (Approaching 99 EMA & prior supply zone)

Stop Loss:

🔻 0.01680

(Below 0.01700 psychological and last wik low to protect against breakdown.)

Key Levels:

Support: 0.01700 / 0.01690

Resistance: 0.01785 / 0.01880 / 0.01940

Pivot Level: 0.01733 (Mark Price, near EMA7)

Pro Tip:

Volume has dipped below average (32M vs MA(5) of 94M), which could signal a short-term bottom if a reversal candle forms. Watch for a bullish engulfing or hammer on the next 4H close before entry.

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