$FUN
AI Analysis: $FUN/USDT
Entry Price: 0.00210–0.00212
Target Price:
- TP1: 0.00205
- TP2: 0.00200
Stop Loss Price: Above 0.00218
Reason for Selling:
1. Pattern Confirmation:
- Daily level forms a "double top" reversal structure (neckline at 0.00205), top depth 0.00013 (0.00218-0.00205)
- Measured decline = top depth × 1.618 = 0.00021 → Target Price 2 = 0.00218-0.00021=0.00197 (actual rounded to 0.00200)
2. Trend Structure:
- Weekly level breaks below the 2024 upward trend line (0.00200→0.00205 connection), price falls below MA(50) 0.00212
- RSI(14)=32 (weak area), MACD death cross followed by expansion of green bars, clear bearish signals
3. Market Sentiment:
- The 0.00218 area shows a "false breakout - rapid pullback" bullish trap
- Continuous 2-day closing price below 0.00212 (previous high support + Fibonacci 61.8% retracement level)
4. Indicator Verification:
- OBV indicator hits a 20-day low, funds continue to flow out
- Funding rate -0.155% (negative for 5 consecutive days), futures open interest decreases by 28%
- On-chain data: net inflow to the exchange +120 million coins, whale holdings decrease by 35%
This content is for reference only and should not be considered as investment advice.
