#vulta
🚨 Potential Short Trade Alert on $FUN/USDT! 🚨
Current Price: 0.008242 USDT (+51.51%)
24h Range: 0.010217 / 0.005408
Why a Short Position Might Make Sense:
Bollinger Bands: Price is hugging the upper band (0.010888), hinting at overbought conditions.
Stochastic RSI: At a flat 0.000000, suggesting heavy overbought pressure.
Resistance Levels: Sharp rejection around 0.011172 may trigger a downward move.
Trade Plan:
Entry Range: Between 0.0095 and 0.0102 (close to recent peaks)
Target Levels: First target at 0.0082 (support), second at 0.0065 (lower Bollinger band)
Stop Loss: Above 0.0105 to guard against a breakout past resistance
Caution: With a +51% gain today, FUN is highly volatile. Use a tight stop loss and manage your position size carefully!