FUN/USDT Technical Analysis:💸💰💥
Key Data:
Current Price: $0.004138 (+1.72%)
24h High: $0.004197
24h Low: $0.003941
24h Volume (FUN): 354.24M FUN
24h Volume (USDT): 1.44M USDT
Moving Averages:🚀
MA(7): $0.003913 (short-term)
MA(25): $0.003541 (mid-term)
MA(99): $0.003360 (long-term)
Support and Resistance:
Resistance Levels:👈
$0.004197 (24h high) acts as the immediate resistance.
Breaking above this could push the price toward $0.004272.
Support Levels:
$0.003913 (7-day MA) offers a nearby support level.
$0.003941 (24h low) acts as a stronger support level.
Trading Strategy:🗣️
Entry Levels:
1. Conservative Entry:
Look for entries around $0.003913 (7-day MA) or $0.003941 for safer trades.
2. Aggressive Entry:
A breakout above $0.004197 could be a more aggressive entry for potential upside.
Targets:💲
1. Target 1 (Short-term):
$0.004197 (24h high) as the first target.
2. Target 2 (Medium-term):
$0.004272 could be the next resistance level if momentum sustains.
Stop-Loss:🛑
1. Stop-Loss 1:
A stop-loss around $0.003913 (7-day MA) for tight risk management.
2. Stop-Loss 2:
A wider stop-loss at $0.003941 (24h low) to allow for more flexibility.
Conclusion:💵
FUN/USDT is showing positive movement, currently priced at $0.004138 with a 1.72% gain. The price is nearing the 24h high of $0.004197, which may act as resistance. Traders could consider entering near $0.003913 or $0.003941, with targets at $0.004197 and $0.004272 for short-term gains.