Analyzing the recent market trend of the FUN/USDT perpetual contract, I believe the bulls are actively positioning themselves. From the four-hour cycle chart, it is clear that the price has received strong support in the 0.0041 area, and the recent Trading Volume has shown significant growth compared to before, increasing by at least three times, which indicates that funds are actively entering the market.
The technical indicators also show positive signals, with the MACD dual lines hovering below the zero axis for a long time and about to form a golden cross breakout, while the KDJ indicator has clearly turned upward from a low position. These are typical technical characteristics of a bullish preparation for strength. Notably, the recent formation of three bottom bullish candles has covered more than half of the area of the previous bearish candle, creating a clear reversal pattern. If the bears continue to apply pressure, they may face a sudden bullish counterattack.
The current price is at a critical juncture, either continuing to drop and triggering stop-loss orders, or starting a strong upward movement. Based on the current volume performance and the divergence pattern at the bottom of the indicators, the probability of an upward movement is relatively greater. It is particularly worth mentioning the candlestick performance on June 21 at 06:30, which started at 0.004385 and finally closed at 0.005846, with a single increase of 27.8% and a volatility of 28.7%, demonstrating strong upward momentum. At the same time, the MA7 and MA30 moving averages have begun to curve upwards, gradually revealing the bullish advantage.
There are many opportunities in a bull market, but risk management remains crucial, and keeping funds safe is the primary principle. Currently, there are still participation opportunities in this trading pair.
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Analyzing the recent market trend of the FUN/USDT perpetual contract, I believe the bulls are actively positioning themselves. From the four-hour cycle chart, it is clear that the price has received strong support in the 0.0041 area, and the recent Trading Volume has shown significant growth compared to before, increasing by at least three times, which indicates that funds are actively entering the market.
The technical indicators also show positive signals, with the MACD dual lines hovering below the zero axis for a long time and about to form a golden cross breakout, while the KDJ indicator has clearly turned upward from a low position. These are typical technical characteristics of a bullish preparation for strength. Notably, the recent formation of three bottom bullish candles has covered more than half of the area of the previous bearish candle, creating a clear reversal pattern. If the bears continue to apply pressure, they may face a sudden bullish counterattack.
The current price is at a critical juncture, either continuing to drop and triggering stop-loss orders, or starting a strong upward movement. Based on the current volume performance and the divergence pattern at the bottom of the indicators, the probability of an upward movement is relatively greater. It is particularly worth mentioning the candlestick performance on June 21 at 06:30, which started at 0.004385 and finally closed at 0.005846, with a single increase of 27.8% and a volatility of 28.7%, demonstrating strong upward momentum. At the same time, the MA7 and MA30 moving averages have begun to curve upwards, gradually revealing the bullish advantage.
There are many opportunities in a bull market, but risk management remains crucial, and keeping funds safe is the primary principle. Currently, there are still participation opportunities in this trading pair.