Technical Analysis and Trade Signals for $FUN
/USDT🚀🎯
Key Metrics Recap:
Current Price: $0.00377
24h High: $0.003848
24h Low: $0.003112
Bollinger Bands:
Upper Band (Resistance): $0.003657
Middle Band (Support): $0.003427
Lower Band: $0.003197
SAR (Stop and Reverse): $0.003848
Momentum Analysis:
Trade Momentum: Bullish
Price breaking above the upper Bollinger Band suggests a strong upward trend.
High trading volume supports momentum but indicates potential volatility.
SAR near the 24h high warns of potential resistance at $0.003848.
Trade Signals 🎯
Entry Zone:
$0.00373 - $0.00377 (Near current price; within strong bullish consolidation).
Targets:
1. Target 1: $0.00388
Breakout above the SAR and the 24h high.
Represents the first resistance zone; take partial profits.
2. Target 2: $0.00405
Next psychological level if bullish momentum continues.
Supported by the current volume profile.
3. Target 3: $0.00422
Stretch target; requires sustained momentum and no significant selling pressure.
Stop Loss:
Place at $0.00357 (below the upper Bollinger Band).
Risk Management:
Monitor closely for any retracements toward the middle Bollinger Band at $0.003427.
A breach of this level could invalidate the uptrend and shift momentum to bearish.
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