$FUN /USDT Showing Downward Pressure After Recent High
Hey everyone,
Let's take a look at the $FUN /USDT chart. The current price of FunFair is at $0.005392, showing a decrease of -1.95% recently.
Looking at the last 24 hours, FUN reached a High of $0.005828 and a Low of $0.005214. The 24h Volume stands at 536.60M FUN, which is equivalent to 3.00M in USDT.
The chart shows that after testing the high of $0.005828, the price has experienced a noticeable pullback. We can see a series of red candles indicating selling pressure. The price is currently trading above the 24-hour low but seems to be struggling to regain the previous highs.
Traders will likely be watching to see if FUN can find support around the $0.0052 level or if the downward momentum will continue. A break below the 24-hour low could signal further bearish movement in the short term.
Key points to observe:
Resistance: The recent high of $0.005828 is acting as a potential resistance level.
Support: The 24-hour low of $0.005214 is a key support level to watch.
Momentum: The current momentum appears to be bearish.
What are your thoughts on FUN's recent price action? Do you anticipate a further decline, or do you see a potential for a rebound? Share your analysis!
