#fun
Current Market Update (FUN/USDT - 30m Chart):
📈 Price Now:
0.013617 USDT
(Still up ~23.73%, but showing signs of a pullback from the high)
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🔍 Key Observations:
1. Price Rejected from 0.014400 Resistance
Candle touched 0.014400, then dropped — strong rejection.
This confirms 0.0144 as a short-term resistance zone.
2. Trendline Break Close
Price is hovering just below the trendline.
A break below 0.0133–0.0132 could confirm a short-term reversal.
3. MACD Flattening
The MACD and Signal Line are still bullish but starting to curve — a potential bearish crossover may come next if price continues dropping.
4. Volume is Decreasing
Bullish momentum is losing steam.
No strong buying pressure near the top — signs of profit-taking.
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🧠 Updated Trading Plan:
📉 Scenario 1: Short-Term Bearish (Correction Expected)
Entry (Short): Below 0.0132 USDT
TP1: 0.0122
TP2: 0.0110
SL: 0.0139
> 🔻 If price breaks below 0.0132 with volume, expect a drop toward support levels.
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📈 Scenario 2: Bullish Continuation (If it Reclaims Trendline)
Entry (Long): Above 0.0145 USDT on strong volume
TP1: 0.0158
TP2: 0.0172
SL: 0.0139
> 🔼 A breakout above 0.0145 would invalidate the bearish setup and signal fresh bullish momentum.
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⚠️ Final Note:
Watch the trendline closely.
If a bearish candle closes below 0.0132, it’s a short trade confirmation.
If the price holds and bounces, don’t short — wait for the break or reversal.
