FUNToken Analysis: +66% Surge Slams Into $0.01 Wall; Consolidation Ahead?
- FUNToken jumps 66% in a single-day rally, reaching a high of $0.01015.
- Technical indicators show overbought conditions, suggesting possible short-term consolidation.
- Support at $0.0072–$0.0074 is critical to maintain bullish momentum into next week.
FUNToken (FUN) rocketed to new 2025 highs in a powerful rally, spiking over 66% in a single day before hitting resistance.
While the move broke key technical levels and shifted market structure bullishly, indicators now flash caution, suggesting potential consolidation near the critical $0.01 mark.
Breakout Clears Major Resistance, Shifts Market Structure
FUN’s explosive rally, climbing from $0.0034 to a high of $0.01015, smashed through prior resistance zones at $0.00589 and $0.00700 that had capped gains throughout Q1 2025.
The breakout also cleared a long-standing descending trendline from November 2024, confirming a significant shift in market dynamics.
Key Levels: Resistance at $0.01, Support Near $0.0072
Currently trading around $0.00922, FUN faces immediate resistance in the $0.00950–$0.01000 supply region. A convincing daily close a…
The post FUNToken Analysis: +66% Surge Slams Into $0.01 Wall; Consolidation Ahead? appeared first on Coin Edition.
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FUNToken Analysis: +66% Surge Slams Into $0.01 Wall; Consolidation Ahead?
- FUNToken jumps 66% in a single-day rally, reaching a high of $0.01015.
- Technical indicators show overbought conditions, suggesting possible short-term consolidation.
- Support at $0.0072–$0.0074 is critical to maintain bullish momentum into next week.
FUNToken (FUN) rocketed to new 2025 highs in a powerful rally, spiking over 66% in a single day before hitting resistance.
While the move broke key technical levels and shifted market structure bullishly, indicators now flash caution, suggesting potential consolidation near the critical $0.01 mark.
Breakout Clears Major Resistance, Shifts Market Structure
FUN’s explosive rally, climbing from $0.0034 to a high of $0.01015, smashed through prior resistance zones at $0.00589 and $0.00700 that had capped gains throughout Q1 2025.
The breakout also cleared a long-standing descending trendline from November 2024, confirming a significant shift in market dynamics.
Key Levels: Resistance at $0.01, Support Near $0.0072
Currently trading around $0.00922, FUN faces immediate resistance in the $0.00950–$0.01000 supply region. A convincing daily close a…
The post FUNToken Analysis: +66% Surge Slams Into $0.01 Wall; Consolidation Ahead? appeared first on Coin Edition.
Read More