FUNToken (FUNUSDT) Price Remains under Bullish Pressure

FUNToken (FUNUSDT) Price Forecast: June 23

The FUNToken market is experiencing resurgence and remains under bullish pressure, continuing its upward trend despite high demand from the bulls. The coin is trying hard not to fall by resisting sellers. However, the crypto has a potential to rise further under the current trend. In case the bulls’ pressure breaks the resistance level of $0.0079, the bullish correction phase could extend to meet the resistance at the $0.0085 mark, reflecting promising growth.

Key Levels:
Resistance Levels: $0.0075, $0.0076, $0.0077
Support Levels: $0.0032, $0.0031, $0.0030

FUN (USDT) Long-term Trend: Bullish (4H Chart)

The FUNUSDT market remains under bullish pressure in the higher time frames.

The prices are trading close to the upper channel above the moving average line, indicating an uptrend.

However, the previous action at the $0.0070 high level in the last session has enabled the coin price to remain firm above the resistance in recent times.

Today, the FUNToken buyers’ corrective rally, which reached a high of $0.0074 above the moving averages shortly after the 4-hourly session opened, may head toward the previous high of $0.0079, amid an ascending bullish pattern.

Therefore, if long traders increase their tension, the price tendency will move above the $0.0079 previous resistance levels, offering a robust resistance to the crypto price.

Notably, the FUNUSDT price pointing upwards on the daily stochastic, suggests that the coin price may remain under bullish pressure and head towards the $0.0085 upper supply trend line in its higher time frame.

FUN (USDT) Medium-term Trend: Bullish (1H Chart)

The FUNUSDT pair is under bullish pressure above the supply trend levels in its medium-term outlook.
Buyers are confident about gaining higher levels and confirming their impact in the market.

The market price of FUNToken increases significantly to a $0.0083 high level above the moving averages as the 1-hourly session opens, signaling a potential buy signal or opportunity for the coin traders.

The positive momentum comes as the cryptocurrency overall market shows signs of revitalization. Thus, closing the 1-hour session above the $0.0083 neckline will put the trade more on the buying side before any bearish appearance.

Additionally, there is likely to be a further breakout attempt soon as the price of FUNUSDT now points upwards. Thus, the next bullish race may reach the $0.0085 upper resistance trend line soon in its lower time frame.

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