MOMOFUN Potential Movement:
🔼 Upside Potential:
From $0.00432 to recent high $0.00577
Potential Upside:
(0.00577−0.00432)/0.00432
(0.00577−0.00432)/0.00432 × 100 = 33.56%
🔽 Downside Risk:
From $0.00432 to recent low $0.00382
Potential Downside:
(0.00432−0.00382)/0.00432
(0.00432−0.00382)/0.00432 × 100 = 11.57%
Key Points:
Risk-Reward Ratio: ~1:3 (higher upside than downside)
Current candle shows a bounce, but overall still below MA(25) trend.
Be cautious of resistance near $0.00458 - $0.00513.