$FUN ๐จ FUN/USDT โ Early Morning Bounce Opportunity! ๐จ
๐ The Calm Before the Storm or a Silent Surge?
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๐ Chart Analysis:
EMA Trend: EMA 7 is crossing below EMA 25 โ bearish bias for now.
RSI at 34: Weโre in oversold territory โ potential for reversal if it finds support.
MACD: Bearish momentum fading โ no major shift yet, but watch for signs of recovery.
Volume: Low volume suggests a lack of conviction โ breakout could go either way.
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๐ฏ Trading Plan (Strategy)
1๏ธโฃ Entry Points:
Aggressive: 0.00915 USDT (if we see a strong bounce).
Conservative: Wait for 0.00875 USDT (support retest before entry).
2๏ธโฃ Targets:
TP1: 0.00980 USDT (EMA crossover resistance).
TP2: 0.01050 USDT (next high resistance).
3๏ธโฃ Stop-Loss:
0.00850 USDT โ below the recent low and EMA levels.
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โก RiskโReward Analysis:
R:R ratio > 2.0 (if hitting TP1 and TP2).
Bearish short-term but possible recovery if volume picks up.
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๐ก Pro Tip:
โWith FUN, the trick is to time the bounce before the crowd catches on โ donโt get trapped in the silence!โ