FUN/USDT — Reversal Incoming or New Lows Ahead?
FUN has dropped back into its major historical accumulation zone between 0.00350–0.00297, a price range that previously triggered one of the strongest rallies in 2024. After a prolonged downtrend, this zone now acts as the final line of defense for bulls — a true make-or-break area that will define the mid-term market structure.
Since peaking near 0.02480, the price has been under heavy selling pressure, forming a clear series of lower highs and lower lows. However, as the market approaches this key demand zone, bearish momentum appears to be slowing, hinting at potential exhaustion — a typical setup before a macro reversal.
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Pattern & Structure
Primary trend: still bearish, but momentum is fading near the demand zone.
Yellow zone (0.00350–0.00297): acts as long-term support / accumulation base from the last macro rally.
A sideways accumulation or strong bullish candle here could signal buyer re-entry.
A clean breakdown below 0.00297 would invalidate this base and confirm further downside continuation.
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Bullish Scenario
If buyers defend the 0.00350–0.00297 area and a 3D candle closes above 0.0038–0.0040, a mid-term reversal could begin.
Targets:
Target 1: 0.00400 (short-term validation level)
Target 2: 0.00575 (minor resistance)
Target 3: 0.00720–0.00890 (major supply zone)
Extended target: 0.02300 if momentum sustains
Confirmation: Look for bullish engulfing / hammer patterns on higher timeframes with a noticeable rise in volume — these are key reversal triggers.
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Bearish Scenario
If the price closes below 0.00297, the structure confirms a breakdown of the macro support.
Targets:
Target 1: 0.00200
Target 2: 0.00184 (multi-year low zone)
Such a move would mark a capitulation phase, potentially setting the stage for a longer-term base formation at lower levels.
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Technical Insights
Momentum indicators may soon show bullish divergence, supporting a potential reversal setup.
0.00400 remains a crucial resistance-to-support (RS flip) level to watch.
Patience is key — early entries without confirmation can be risky in this type of setup.
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Conclusion
FUN is now testing one of the most critical support zones of the year. The range between 0.00350–0.00297 represents a battlefield between accumulation and capitulation.
If buyers manage to hold and reclaim 0.0040, the price could ignite a multi-week recovery phase. But if this level breaks, a slide toward 0.0020–0.00184 becomes highly probable.
This is a zone where precision and confirmation matter more than emotion — wait for the chart to tell the story.
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