sell
Short Position on FUNUSDT with Targeted Support Breaks
The medium-term sideways range is shifting into an upward trend. The recent maximum update indicates a change in momentum. The higher timeframe is working from mirror levels downward, creating a local range and interacting with its substructure. A sell block has been formed, tested, but lacking confirmation at this point. A broad trend liquidity has been established; a downward correction with a break of the trend support is possible. It's crucial to monitor the entire cascade of levels until reaching a bullish order block on the higher timeframe.
The entry zone is between 0.0100 and 0.0101. Target levels are 0.00932, 0.00916, 0.0083, 0.00637, and 0.00470.
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AI Analysis
The analysis suggests that the FUNUSDT trading pair is exhibiting signs of a trend reversal from an upward to a downward movement, supported by the formation of a sell block and the interaction with m...
AI Recommendation
Given the analysis, it would be prudent to initiate a short position within the specified entry zone (0.0100 - 0.0101), with a stop loss set at 0.010888 to mitigate potential losses. Traders should wa...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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weak buy