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【$GUN Signal】Short squeeze pullback, sniper second pulse
$GUN After a violent surge on the 1H timeframe, RSI skyrocketed above 78, with a break in buying volume. The 4H Bollinger Bands were directly pierced, MACD histogram still expanding, but market depth was unbalanced—24% sell order sparsity. Negative funding rate of -0.0338% combined with firm prices, a typical short squeeze structure.
The price near 0.0261 has a large number of chasing buyers, risking a direct chase is too high. Wait for a pullback, and lay in wait to catch the needle in the range from 0.01824 to 0.02610.
⚡Entry/Order: Place a buy order around 0.01824.
🛑Stop loss: 0.01682.
🚀Target 1: 0.02108.
🚀Target 2: 0.02250.
🛡️Trade management:
- Execution strategy: Take partial profit at Target 1, move the remaining stop loss up to the entry price. If the price cannot hold above 0.021, exit all positions.
This initial deep pullback after a sharp rise is often the strongest intraday second entry point. In a negative funding rate environment, with passive shorts and stable open interest, it indicates the main players haven't exited. As long as the price stays above 0.018, there is willingness to do another pulse. The risk-reward ratio here is favorable.
Check real-time market 👇 $GUN
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