Here is your Binance Square style technical analysis post for the given chart:
$FUN USDT BEARISH MOMENTUM – PRICE SLIPS BELOW SUPPORT!
$FUNUSDT has lost bullish momentum after failing to sustain above the key resistance of 0.0106, now trading around 0.00978 with weakness visible on the 15-min chart. The recent rejection candle and falling MACD histogram indicate strong bearish pressure ahead.
🔴 Trade Setup (Short):
Entry: 0.00978 – 0.00980
Target 1: 0.00960
Target 2: 0.00945
Stop Loss: 0.01010
📉 Market Outlook:
The RSI is near 34, suggesting the price can drop further before oversold reversal. Volume spikes during the rejection confirm sellers dominating in this zone.
⚠️ Risk Management:
Use only 2-3% of your wallet per trade with strict stop-loss placement to avoid emotional exits.
#FUNUSDT #CryptoAnalysis #ShortSetup #TradingSignals #TradingSignalPoint
buy and trade here on $FUN
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