$FUN
🚨 QUICK ANALYSIS FOR 'FUNUSDT' FUTURES 🚨
⌛ 1m, 15m, 4h ⌛
📈 Trend Direction (Futures): Bearish on multi-timeframe alignment. 4h shows clear downtrend with MA(200) and SuperTrend confirming bearish bias. 15m and 1m show retest of resistance near 0.009300, rejection confirmed by bearish pinbar and volume spike.
💰 Entry Price: 0.009280 - 0.009270. Confluence of EMA(5,20) cross below, BB lower band, and order book imbalance at 0.009284-0.009272.
🎯 Targets: (Adjusted for 3:1 Risk-Reward):
🌟 TP1 ➤ 0.009220 - first swing low support from earlier dip
🌟 TP2 ➤ 0.009180 - mid-level target aligned with CCI divergence and volume drop
🌟 TP3 ➤ 0.009100 - key psychological level and 200 MA support on 4h
🛑 Stop Loss🫸: 0.009320 - placed above recent high at 0.009311 to avoid false breakouts (~1.4% risk from entry)
📢 LEVERAGE X5-X10 🔥
🪩 Order Book: Imbalance observed in bids at 0.009253-0.009222 with strong sell wall at 0.009311-0.009341. Liquidity cluster at 0.009300 suggests potential resistance zone.
✨ Fibonacci Levels:
☄️ 61.8% retracement at 0.009280 acting as dynamic resistance
☄️ 50% fib zone at 0.009250 provides confirmation for short entry
☄️ 161.8% extension aligns with TP3 at 0.009100
☄️ Confluence with fair value gap at 0.009150 and order block from prior pullback
💧 Liquidity: Major liquidity pool at 0.009311-0.009341 (sell side), and buy-side clustering at 0.009222-0.009253. Stops likely clustered above 0.009300.
🗞️ News Sentiment: FUN token faces selling pressure amid broader altcoin correction. No major project updates today; market reacting to BTC weakness and risk-off sentiment across crypto.
📝 NOTE: Strong bearish momentum confirmed by CCI oversold bounce rejection at 0.009300, volume spike on down move, and structure breakdown on 15m. Short setup with high probability due to confluence of indicators and order book depth.
#Write2Earn #3ALA2 FUN $FUN