$FUN Preparation for a breakout?
FUNUSDT
Perpetual
0.005199
+4.77%
$FUN showed a strong recovery after a recent drop near 0.00438 and is currently consolidating above 0.00516. The chart shows a bullish structure with the formation of higher lows, indicating potential accumulation of momentum for the next upward move. A breakout above the recent high could trigger a continuation of the rally.
Trading setup:
Entry: 0.00517
TP1: 0.00538
TP2: 0.00560
Final TP: 0.00585
SL: 0.00488