$FUN /USDT - POTENTIAL SHORT TRADE

**Price Action & Key Levels**

The price surged to 0.005374 before dropping sharply to 0.004887.

This suggests strong resistance around 0.005374, where selling pressure increased.

A potential support area is around 0.004135, based on previous price action.

**What Happens If the Drop Repeats?**

If the price experiences another sharp drop from resistance (0.005374), it could retrace to:

First support: 0.004135 (potential bounce zone).

Second support: 0.003767 (key level to hold).

**Trading Strategy**

Short-term traders: Consider shorting near 0.005374, targeting 0.004135 - 0.003767, with a stop loss above 0.00540.

Buyers: Wait for a bounce confirmation at 0.004135 or 0.003767 before entering long positions.

Watch for price reaction near key support levels before making a move. Trade here on $FUN