GUN's recent market movement is quite fierce, with a short-term surge of over 25%, quickly reaching around 0.023. It seems that the sentiment is indeed a bit hot.
The key point is that there was an increase in volume at the high level, followed by a turn downward, and the short-term moving averages have also clearly started to bend. The funds chasing in seem to be having trouble holding the position.
Things that rise too quickly are bound to be stepped on, and now is the stage where the sentiment begins to cool down. If there is a rebound later, it will be a good opportunity for shorts to get in. In the short term, the logic of shorting still holds.
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LiquidationHunter
· 01-10 22:38
It’s really hard to hold on with such rapid growth. I just knew it was over the moment I saw the volume spike and the price plunge on the order book.
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TopBuyerBottomSeller
· 01-10 06:07
Another 25% increase, another volume surge and reversal—this script is getting really old. I bet five dollars that the next move will be a rebound of 0.02.
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GigaBrainAnon
· 01-09 08:42
Rising so rapidly and aggressively usually means there won't be good results; stepping on toes is only a matter of time.
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OffchainOracle
· 01-08 10:01
Rising so quickly? You should have sold earlier. It's a bit late to turn around now.
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SerumDegen
· 01-08 10:01
nah man, classic pump then dump pattern... watched this movie too many times already. that volume spike at 0.023 screaming capitulation tbh. short the bounce, not touching this dumpster fire rn.
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Degen4Breakfast
· 01-08 09:46
The bear market dream is back again, and this time GUN is really quite fierce, soaring so high all at once. Those chasing the peak are definitely panicking.
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FundingMartyr
· 01-08 09:37
The pattern of volume surge and reversal is seen too often, it's another attempt to harvest the little guys.
GUN's recent market movement is quite fierce, with a short-term surge of over 25%, quickly reaching around 0.023. It seems that the sentiment is indeed a bit hot.
The key point is that there was an increase in volume at the high level, followed by a turn downward, and the short-term moving averages have also clearly started to bend. The funds chasing in seem to be having trouble holding the position.
Things that rise too quickly are bound to be stepped on, and now is the stage where the sentiment begins to cool down. If there is a rebound later, it will be a good opportunity for shorts to get in. In the short term, the logic of shorting still holds.