FunUSDT Weekly Outlook, Key Support Region

Hello traders,

In today’s altcoin update we’re looking at FunUSDT on the weekly timeframe. Price action is showing signs of strength, currently respecting the point of control and trading above the value area low, which is providing a strong technical base.

Key Technical Points:

• Break Above Value Area High: Price impulsively moved through the value area high and tapped into the 0.618 Fibonacci, before facing rejection.
• Critical Support Zone: Holding above the previous value area high is key for any further continuation to the upside.
• Target: If price consolidates above value with increasing volume, there is potential for a move back toward the swing high at 0.01.

The recent breakout shows momentum, but for continuation higher, weekly consolidation above value is essential. This will confirm buyer commitment and allow a new leg up toward the swing high.

If, however, the value area high fails to hold as support, we could see price rotate back toward the lows. This is a high-risk setup, so close attention to volume and weekly structure is necessary before committing to any directional bias.