FUN trading strategy for June 29 (currently has average liquidity, volatility depends on the overall market):
1. Short Order
• Entry: 0.01031
• Stop-loss: 0.01130
• Take-profit: 0.00880
• ✅ Strategy: FUN has strongly recovered from the bottom of 0.0085 to the range of 0.0103–0.0105, approaching strong resistance and the old distribution area. The 1h–4h frame shows slight overbought signals and signs of weakening.
• ⛔ Warning: If FUN breaks 0.0113 with high volume, the price may head towards the range of 0.012–0.0124 → need to exit Short immediately.
⸻
2. Long Order
• Entry: 0.00860
• Stop-loss: 0.00790
• Take-profit: 0.01010
• ✅ Strategy: The range of 0.0085–0.0087 is strong support, previously creating a short-term bottom and showing positive price reactions in the last 2 weeks. Long bottom-catching can be executed if there is a confirming reversal candle.
• ⛔ Warning: If it breaks 0.0079 → the uptrend is completely broken, it may drop significantly to the range of 0.0070–0.0072.
⸻
✅ Probability assessment:
• Short: ~60% (preferred as it is near the technical peak)
• Long: ~40% (should only open if there is a clear reaction in the range of 0.0086)
⸻
📌 Note:
• FUN is a low-cap coin, easily affected by BTC volatility or speculative money flow.
• BTC exceeds 108,200 → limit Short FUN
• BTC breaks 105,800 → do not open Long FUN
⸻
👉 The strategy is suitable for short-term trading, SL must be strictly set, avoid holding positions as FUN is prone to sharp fluctuations.
Do not chase the price if it has moved far from the strategy area.