【$GUN Signal】Short squeeze rebound, second pulse sniping

$GUN After a 64% violent surge on the 1H timeframe, the price is tightly hugging the upper Bollinger band, RSI is over 75 and flattening. The 4H MACD histogram is still expanding, but buying depth shows a slight imbalance of -0.93%, and the funding rate of -0.0369% indicates shorts are still paying fees. This negative rate combined with strong sideways price action is a typical fuel for a short squeeze.

The price has formed a short-term support around 0.02465, which is a temporary base for bulls to attack. The 1H EMA20 at 0.0207 below is the first dynamic support. Stable open interest indicates funds are not exiting massively, just short-term profit-taking.

🎯Direction: Pullback to go long

⚡Entry: Buy in stages on the pullback around 0.0207 - 0.0212

🛑Stop loss: Below 0.01672

🚀Target 1: 0.02098

🚀Target 2: 0.02240

🛡️Trade management:
- Execution strategy: Half position at Target 1, move the stop loss of the remaining position up to the entry price. If the price cannot hold above 0.0215, consider exiting early.

The current risk-reward ratio is acceptable, but volatility is intense, so keep positions light. The negative funding rate is a potential driving force, but beware of quick pullbacks after flattening at high levels. The 1H timeframe needs a healthy correction to digest overbought conditions, not a direct continuation of the rally.

Check real-time market 👇 $GUN
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