Market Overview for FUNToken/Tether (FUNUSDT)

Summary
• Price declined from 0.002141 to 0.002032 over 24 hours.
• Volume spiked at 0.002141 and again at 0.002017, showing divergent momentum.
• RSI hit oversold levels near 0.001995 before recovery, suggesting possible short-term support.

FUNToken/Tether (FUNUSDT) opened at 0.002101 on 2025-12-10 at 12:00 ET, reaching a high of 0.002141 before closing at 0.002032 on 2025-12-11 at 12:00 ET. The 24-hour trading volume was approximately 86,371,399.0, with a total turnover of around 176.17 USDT.

Structure & Formations

The price action displayed a bearish continuation pattern over the past 24 hours, with a key resistance forming around the 0.002141 level and support emerging near 0.002032. A potential bearish

engulfing pattern formed in the early hours of 2025-12-11, reinforcing the downward trend. A doji near 0.002032 suggests a temporary indecision, but not enough to reverse the trend.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages both remained above price for most of the session, supporting the bearish bias. On the daily chart, the 50-period MA appears to have crossed below the 200-period MA, hinting at a potential longer-term bearish crossover.

MACD & RSI

The MACD remained negative throughout the session, with the histogram shrinking as the price approached 0.002032, indicating weakening bearish momentum. The RSI dropped below 30 near 0.001995, signaling oversold conditions, but failed to trigger a strong bounce, suggesting bearish exhaustion may still be unfolding.

Bollinger Bands

Volatility expanded in the mid-session as the price dropped through key support levels, pushing it below the lower Bollinger Band. The contraction seen earlier in the session failed to generate a meaningful reversal, and the price stayed near the band’s floor for much of the day, emphasizing bearish dominance.

Volume & Turnover

Volume spiked during the morning hours as the price reached 0.002141, confirming the resistance break. Later, near 0.002017, volume surged again but failed to push price higher, indicating a bearish divergence. Total turnover was relatively low for a market of this size, suggesting a lack of strong conviction among traders.

Fibonacci Retracements

Applying Fibonacci levels to the recent 5-minute swing from 0.002141 to 0.002017, the 61.8% level aligns with 0.002066, which was partially tested but rejected. On the daily chart, the 38.2% retracement from a previous leg higher is at 0.002018, closely matching the current price consolidation area.

FUNUSDT appears to be testing key support levels as bearish momentum consolidates. A break below 0.002032 could open the door to 0.002010 and 0.001995. Investors should closely watch for a rejection at 0.002032 or confirmation of a break to assess next steps. As always, trading near strong support levels carries increased risk of sudden directional moves.