The technical analysis report for $FUN

/USDT based on 1D chart:

1.Trend & Price Action

• Price is 0.012115, up ~37% in the last 24h — this is a breakout-type move after a long downtrend.

• The recent bottom at 0.008457 acted as strong support, and price has now cleared the 7-day MA (0.009438) and 99-day MA (0.008752) in a single surge.

• The 25-day MA (0.012491) is just overhead — this is the first resistance test.

2.Volume

• Volume has exploded to 2.06B FUN, the highest in weeks. This confirms the move has real buying pressure, not just a random spike.

3.Support & Resistance

• Support: 0.01011–0.01050 zone (yesterday’s high and breakout area).

• Resistance: 0.01250 (MA25) and 0.01398, with a major resistance at 0.01786 if momentum continues.

4.Indicators’ Message

• MAs are on the verge of a bullish crossover — 7-day MA is turning up sharply.

• The strong green candle after a prolonged red streak suggests a possible trend reversal.

• Price is still far below the earlier high of 0.0248, meaning there’s big upside potential if the reversal holds.

5.Trading Bias

• Short-term: Bullish momentum, but it’s extended after a huge daily gain — expect some pullback before another leg up.

• Medium-term: Turning bullish, especially if it closes above 0.01250 with volume.

6.Best trading plan:

• Conservative traders: Wait for a dip near 0.0108–0.0110 to enter, stop below 0.0100, target 0.01398–0.01786.

• Aggressive traders: Small position now, add on breakout above 0.01250 with stop below 0.0115.