FUN neutral analysis

Updated

FUN maintains price around 300sats, seems like there is a lot of support here. I don't think it's very bullish right now but it's gonna close a pennant soon on the 30min candles with the short term support which might lead to a breakout. The company update was also quite bullish imo and it's a good buy if you're looking for a long-term hold. The long-term support shows a breakout later. We're kind of in an uncharted territory though so you should watch out for that. I'm bullish long-term and neutral short-term.

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I meant to say a possible breakout point later at the long-term support

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Possible bounce on the upper resistance.

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Fun broke out. I'm still in it for long term though. You could also take profit around 390 sats if you want. Seems to consolidate now

cryptoniter

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