$FUN
: FUN/USDT 🎯
As the FUN/USDT pair continues to show volatility, here's a quick breakdown of the current price action and potential targets:
🔹 Current Price: 0.005179 USDT
🔹 24h High: 0.006080
🔹 24h Low: 0.004961
🔹 24h Volume (FUN): 4.02B
🔹 24h Volume (USDT): 21.89M
Key Technical Levels:
Moving Averages (MA):
MA(7): 0.005216
MA(25): 0.005306
MA(99): 0.004772
Price Action Overview:
Short-Term Trend: The price has been fluctuating between support at 0.004961 and resistance at 0.006080, showing potential for breakout or reversal.
Medium-Term Trend: The recent drop of approximately 11.30% might indicate a short-term correction, but the support levels seem to hold steady.
Potential Targets:
🎯 Target 1: 0.005431
This is a key resistance level, coinciding with Binance's current listed price. A break above this level could indicate further bullish momentum toward the next target.
🎯 Target 2: 0.005600
If the price manages to break through 0.005431, the next level of resistance is at 0.005600. A successful test here may set up a rally towards the upper range of the 24-hour high.
🎯 Target 3: 0.006080
The 0.006080 level has proven to be a strong resistance point in the past 24 hours. A breakthrough could indicate a more extended upward trend, possibly pushing the price higher in the coming sessions.