$FUN USDT – BEARISH BREAK BELOW RANGE! CAUTION AHEAD!
🔍 TECHNICAL ANALYSIS – BEARISH
Current Price: $0.003744
Timeframe: 1H (Binance)
24h Range: High – $0.004006 | Low – $0.003681
The pair has dropped over 6.4% in the past 24 hours, showing signs of fading bullish momentum. After failing to hold above $0.004000, FUN/USDT has broken down from short-term support, indicating renewed bearish pressure.
⚠️ KEY LEVELS
Support Zones:
$0.003700 – Minor intraday support
$0.003600 – Key downside level from recent lows
$0.003500 – Strong base zone and last weekly support
Resistance Zones:
$0.003900 – Short-term rejection area
$0.004006 – 24h high and intraday ceiling
$0.004100 – Major resistance on higher timeframe
🔴 TRADE SETUP: SHORT
Entry Zone: $0.003740–$0.003770 (current price range)
Stop Loss: $0.004050 (above resistance rejection zone)
Targets:
TP1: $0.003600
TP2: $0.003500
📉 SHORT MARKET OUTLOOK
$FUN is losing upward momentum, despite being up over 84% in the last 90 days. Recent short-term bounce attempts have failed near $0.004000, confirming that sellers are defending higher levels. The current price action suggests a move toward the lower support range unless bulls reclaim $0.003900 quickly.
Volume is declining, and RSI on lower timeframes is leaning toward oversold — but no reversal signals are confirmed yet.
🧾 RISK MANAGEMENT
Only risk 1–1.5% of your capital per trade
Set SL beyond clear resistance for meaningful protection
Trail SL once TP1 is hit to reduce exposure
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