$FUN

### Medium-Term Analysis

In the first chart, FunFair (FUN) against Tether (USDT) shows a descending wedge pattern. The price is currently breaking out from the resistance line of this wedge, suggesting a potential reversal from the downtrend. The price target indicated by the breakout is around 0.003916 USDT, a 106.88% increase from the current price. Additionally, the Fibonacci retracement levels suggest possible resistance levels, particularly around 0.005532 USDT (0.618 Fibonacci level). The RSI (Relative Strength Index) shows a bullish divergence, indicating a potential increase in buying pressure.

### Long-Term Analysis

In the second chart, a larger perspective is shown with a long-term upward channel. The price has recently broken above a previous horizontal resistance around 0.033725 USDT, indicating a strong bullish momentum. The price target in this long-term channel is projected around 0.082288 USDT. Given the historical trend and the established channel, there's potential for the price to eventually reach 0.25 USDT, aligning with longer-term bullish expectations.

### Conclusion

Overall, FUN/USDT displays bullish signals both in the medium and long term. A significant breakout has occurred in the medium-term descending wedge, with a potential continuation toward the upper targets. In the long term, there's anticipation of reaching 0.25 USDT, supported by the long-term channel and recent bullish momentum.

$BTC $SOL

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