$FUN /USDT ā Bullish Momentum Analysis š
$FUN has surged +32.04% in the last 24H, breaking out strongly from the $0.0086 support and rallying to a fresh high of $0.011450. On the 1H chart, price is trading well above all key EMAs ā with the 7 EMA ($0.010182) leading steeply upward ā confirming strong bullish momentum and aggressive buying interest.
Key Observations:
Support: Immediate support lies at $0.01095, with stronger backing at $0.01018 (7 EMA).
Resistance: The immediate resistance is at the recent high of $0.01145; a breakout could open room toward $0.01160 ā $0.01200.
Trend: EMAs are in perfect bullish alignment (7 > 25 > 99), signaling sustained upward momentum.
Volume: High breakout volume suggests active market participation, supporting further gains if momentum holds.
š Trade Setup:
Entry Zone: $0.01135 ā $0.01142
šÆ TP1: $0.01160
šÆ TP2: $0.01185
šÆ TP3: $0.01210
š”ļø SL: $0.01095
š” Pro Tip: If $FUN closes above $0.01145 on strong volume, it could trigger another rally leg ā scaling profits gradually can secure gains while riding momentum.
#Bitlayer #BTCOvertakesAmazon #BTCReclaims120K #BinanceAlphaAlert #CryptoIn401k