Losing Steam – Exit the Ride Before the Drop
\$FUN is showing signs of exhaustion after a strong rally to \$0.0132. The recent sharp rejection and lower highs suggest that sellers are starting to take control. With price now hovering near \$0.01193 support, a breakdown here could trigger a fresh wave of selling.
Short Trade Setup:
Entry Zone: \$0.01190 – \$0.01195
Stop Loss: Above \$0.01230
Target 1: \$0.01160
Target 2: \$0.01130
Target 3: \$0.01090
Keep a close eye on \$0.01172 support. A clean break below this level could accelerate the downside momentum, making the drop even more dramatic. Time to get ready for a possible ride lower!
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