FunToken Price Rejects After 50% Rally, Eyes $0.01 Breakout

Published: 2025-06-22 02:56:04 |

FunToken surged over 50% in five days, fueled by rising demand and a solid support formed on Monday. After doubling its price, the token faced rejection near $0.0084, triggering a minor pullback on lower timeframes. Bulls aim to reclaim the $0.01 level; a successful break could target $0.015 as a new yearly high. Key support sits at $0.004, with deeper levels at $0.0031 and $0.0026. Failure to hold these may invite bearish pressure. Currently, the trend remains bullish but hinges on a rebound above rejected highs.

Bullish

FunToken’s sharp 50% rally and formation of key support signal sustained bullish momentum. The rejection at $0.0084 prompted only a minor pullback, typical before a continuation. If bulls recapture $0.01, it mirrors past breakouts where token accelerated to new highs, reinforcing bullish sentiment in both short and long term. However, holding $0.004 support is crucial to prevent deeper declines.