$FUN /USDT Current price is 0.001228 USDT, down -16.35% in the last 24 hours. After a sharp sell-off from 0.00147 toward 0.00120, price is now stabilizing and forming short-term higher lows. On the lower timeframes, small bullish candles are appearing, suggesting early momentum recovery after the flush.

The key question now: is this accumulation before a bounce — or just a pause before another leg down?

Trade Setup (Short-Term Bounce Play)

• Entry Zone: 0.001215 – 0.001230

• Target 1 🎯: 0.001255

• Target 2 🎯: 0.001290

• Target 3 🎯: 0.001330

• Stop Loss: 0.001195

Technical Context

Strong intraday support formed around 0.001204 (24h low).

Price is compressing after the dump — volatility contraction often precedes expansion.

A reclaim of 0.001255–0.001260 with volume could trigger a squeeze toward 0.00129+.

If bulls defend the 0.00120 zone and volume steps in, this could turn into a short-term relief rally. However, losing 0.00120 cleanly opens room toward deeper downside.

#CPIWatch #PEPEBrokeThroughDowntrendLine

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