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FUNTOKEN PRICE ANALYSIS & PREDICTION (June 21) – Fun Faces Rejection After Exploding 50% Daily, Can it Resume Bullish?

  • After a significant price surge, Fun is currently extremely bullish on the daily chart but faced rejection after a 50% daily increase.
  • The market structure has shifted slightly due to increasing demand, with bulls aiming to reclaim the lost $0.01 level.
  • Key resistance levels for Fun are at $0.0084, $0.01, and $0.015, while key support levels are at $0.004, $0.0031, and $0.0026.
  • The spot price for Fun is $0.0064 with a bullish trend and high volatility.
  • A recovery above the daily rejected high of $0.0084 could lead to a potential surge to a new yearly high of $0.015.
  • However, a breakdown below the $0.0031 support level could result in a quick plunge to $0.0026.
  • Cryptocurrency sentiment has turned negative recently, posing a risk if the bulls lose control of the market.
  • The article concludes with a disclaimer that the content is not trading or investment advice and recommends conducting research before investing in cryptocurrencies.

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