#Bitlayer **FUN/USDT**, here’s the technical analysis, profit/loss signal, and SL/TP guidance:
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### **1. Current Market Overview**
* **Price:** 0.010993 USDT (+27.72% in 24h) — very strong bullish move.
* **24h High / Low:** 0.011100 / 0.008600 — big intraday range, shows high volatility.
* **Volume:** 1.50B FUN — strong trading activity, confirming momentum.
* **MA60:** 0.010442 — current price is well above this, showing strong bullish sentiment.
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### **2. Trend Analysis**
* **Short-term trend:** Bullish — Price is above MA5, MA10, and MA60.
* **Volume spikes:** Green candles with high volume indicate buyers are in control.
* **EMA cross:** MA5 > MA10 → bullish momentum confirmation.
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### **3. Profit or Loss Signal**
* **Signal:** **Bullish** — At the moment, trend and momentum are favoring buyers.
* **Caution:** Since the price is near the 24h high, short-term pullback is possible. If you enter now, expect quick fluctuations.
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### **4. Suggested SL & TP**
* **Stop Loss (SL):** 0.01040 (below MA60 & recent support) — to protect against a sharp drop.
* **Take Profit (TP):**
* TP1: 0.01110 (recent high, short-term scalp)
* TP2: 0.01150 (next resistance zone if breakout continues)
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### **5. Risk Management**
* Since today’s gain is already +27%, don’t chase blindly — better to wait for a small retracement towards 0.01060–0.01070 before entry for safer risk/reward.