🔥🔥🔥🚀🚀🚀$FUN /USDT Technical Analysis & Trade Signal🔥🔥🔥🚀🚀🚀🚀🚀
Current Price: $0.005357 (+5.45%)
24h Range: $0.004883 - $0.005370
Volume: 1.11B FUN ($5.62M USDT)
Technical Indicators:
1. Parabolic SAR:
Current SAR value: $0.005030 (Bullish as the price is above SAR)
2. Momentum:
Positive momentum observed with a 5.45% price increase in 24h.
Breakout above $0.005370 (24h High) signals potential for further upside.
3. Support and Resistance Levels:
Support: $0.005030 (SAR & psychological level).
Resistance: $0.005370 (24h High).
4. RSI (Relative Strength Index):
RSI near 60 indicates bullish sentiment but not overbought yet.
Trade Signal: Long Position
Entry Zone: $0.005300 - $0.005350 (on slight pullback).
Targets 🎯
1. Target 1: $0.005450 (Initial resistance).
2. Target 2: $0.005600 (Mid-level resistance from recent highs).
3. Target 3: $0.005750 (Extended rally target if volume sustains).
Stop Loss:
$0.005000 (Below SAR and key support).
Trade Momentum:
Bullish Trend: Strong buying pressure with positive price action and high 24h volume. A breakout above $0.005370 could trigger more buyers to enter, aiming for higher targets.
Monitor volume and RSI for overbought conditions near $0.005600.
Recommendation:
Enter cautiously on pullbacks. A sustained breakout above $0.005370 is key for further bullish momentum.
