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AI Analysis: $FUN/USDT
Entry Price: 0.00210–0.00212
Target Price:
- TP1: 0.00205
- TP2: 0.00200
Stop Loss: above 0.00218
Reason for Selling:
1. Pattern Confirmation:
- Double top reversal structure formed on daily chart (neckline at 0.00205), top depth 0.00013 (0.00218-0.00205)
- Measured drop = top depth × 1.618 = 0.00021 → Target Price 2 = 0.00218-0.00021=0.00197 (rounded to 0.00200)
2. Trend Structure:
- Weekly chart breaks the 2024 uptrend line (connecting 0.00200→0.00205), price falls below MA(50) at 0.00212
- RSI(14) = 32 (weak area), MACD death cross with expanding red bars, clear bearish signal
3. Market Sentiment:
- "False breakout - rapid pullback" bull trap pattern at 0.00218 area
- Closing price below 0.00212 for 2 consecutive days (previous high support + Fibonacci 61.8% retracement)
4. Indicator Validation:
- OBV hits 20-day low, continuous capital outflow
- Funding rate -0.155% (negative for 5 consecutive days), futures open interest down 28%
- On-chain data: Exchange net inflow +120 million tokens, whale holdings down 35%
This content is for reference only and not investment advice.