After a Fake Breakout, the $FUN is Moving Downward🔥💯
Signal: Short Trade Opportunity
Analysis: The chart indicates a clear rejection near resistance (purple zone) following a fake breakout, leading to consistent bearish momentum. Sellers are now dominating.
Entry:
• Price: 0.005050
Targets (TP):
1. TP1: 0.004950
2. TP2: 0.004850
3. TP3: 0.004750
Stop Loss (SL):
• Price: 0.005150
Risk Management:
Place your stop loss above the breakout region for tight risk control. Scale out profits at each target to lock in gains.
Observation:
The price is trending below the support level, confirming bearish momentum. Monitor for further volume increases to validate the move.