$FUN / USDT Showing Bullish Momentum After Recent Dip! š
$FUN is currently trading at $0.008727, recovering after a recent pullback. While down 0.16% on the 4-hour chart, the overall picture suggests potential for further gains.
š Key Observations:
Current Price: $0.008727
Strong Recent Performance: Notice the significant gains over the past 7 and 30 days (129.81% and 304.92%, respectively), indicating strong underlying bullish interest.
Bounce from Low: The price has bounced back from the 24-hour low of $0.006400, suggesting dip-buying activity.
Testing Resistance: The current price is approaching the recent high of $0.009568. A break above this level could signal a continuation of the uptrend.
šÆ Potential Targets:
Immediate Target: A break above $0.009568 could lead to a test of the $0.01000 level.
Further Upside: If bullish momentum continues, higher targets could be in play.
ā ļø Important Considerations:
Volatility: Be aware that FUN has shown significant volatility recently.
Market Conditions: Keep an eye on overall market sentiment and Bitcoin's price action.
Support Levels: Watch the $0.008000 level as potential short-term support.
$FUN has demonstrated strong bullish potential. Monitor for a break above the recent high for a possible entry, but always manage your risk!
