$FUN
🧭 Current Decision: Wait Cautiously
(No buying or selling currently until direction is confirmed)
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🔍 Quick Technical Analysis:
✅ Positives:
RSI Indicator (Buying Power): around 53 = Neutral leaning towards buying.
Price line above 99 EMA (EMA99) = Positive long-term support.
Volume shows activity, indicating trader interest.
⚠️ Negatives:
Price down by -10% over the past 24 hours = Possible correction or distribution.
Stoch RSI Indicator very low (6 on 4-hour timeframe) = Weak buying momentum.
Parabolic SAR above price = Short-term bearish signal.
Bollinger Bands are narrow = Potential for strong movement ahead (up or down).
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🔄 What to do?
Buy now? ❌ No, wait for a clear rebound signal.
Sell? ❌ Not ideal to sell now after the significant drop; a rebound may occur.
Wait? ✅ Yes, until a clear break above 0.0108 or below 0.0093.
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📈 When to buy?
If the price consistently exceeds 0.0108 with a strong candle.
📉 When to sell?
If the price breaks below 0.0093 with a strong bearish candle.
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🔮 Potential Upcoming Trend (Short-term):
✅ If a rebound occurs from support at 0.00939, we may see a rise to 0.0111.
❌ If the strong support at 0.00939 is broken, there is a risk of dropping to 0.0085
