"$FUN
/USDT: Explosive Breakout Hits 22%, Consolidation Ahead"
FUN/USDT has surged by 22.08%, reaching a high of $0.007290 before retracing to the current level of $0.005419. The spike followed a sharp upward breakout from the low of $0.004342, driven by significant buying volume. However, the RSI at 30.99 indicates a shift towards oversold territory after the rally cooled off, while the MACD signals weakening bullish momentum with a narrowing histogram.
As the price consolidates, a push above $0.0064 could re-ignite upward momentum, targeting $0.0075 as the next resistance. On the downside, support around $0.0050 remains critical for maintaining the bullish structure. Traders should monitor volume trends closely and consider partial profit-taking or adjusting stop-losses to manage potential volatility.#USJoblessClaimsFall
#CryptoTrading #FUN #TradingSignals