$FUN Flash Crash or Shakeout? Bulls Losing Grip Fast!
$FUN is still up a shocking +36%, but momentum has shifted. After reaching $0.0144, price has nosedived nearly 30% from the high. It’s now sitting at a key breakdown level — will bulls step in or is a deeper flush coming?
Key Technical Zones:
• Resistance Zone: $0.01120 – $0.01280 (multiple failed retests)
• Critical Support: $0.01020 – $0.00980 (last hope for bulls)
Trade Setup – Expect Heavy Volatility Ahead
Bullish Entry: Only above $0.01150
• Target 1: $0.01280
• Target 2: $0.01400 (24h high retest)
• Stop-Loss: Below $0.00980
Bearish Entry: Below $0.01000
• Target 1: $0.00930 (high-volume support)
• Target 2: $0.00860 (breakout origin zone)
• Stop-Loss: Above $0.01120
Despite the green daily close, FUN is flashing major warning signs. Volume is spiking on red candles, and the chart shows clear rejection zones forming. If price closes below $0.01000, panic selling could accelerate. Watch this level like a hawk — it’s the final line for bulls!