【$GUN Signal】Short squeeze pullback, 1H level secondary upward move

$GUN 1H level surge and pullback, 4H Bollinger Band upper band briefly pierced at 0.0238 then retreated, current price consolidating around 0.0243. The 4H MACD histogram is still expanding, but the trading volume at the 1H level has significantly decreased compared to the explosive period, and buying interest to chase higher has temporarily cooled down. Market depth shows slightly thicker sell orders, and the funding rate of -0.026% provides slight short squeeze fuel.

Price consolidates around 0.0242, bulls need a pullback confirmation.

⚡ Entry: Buy on dip near 0.0235, or try a small position at the current price of 0.0243.

🛑 Stop-loss: Below 0.0170.

🚀 Target 1: 0.02436.

🚀 Target 2: 0.02445.

🛡️ Trading management:
- Execution strategy: Reduce half of the position near Target 1, and move the remaining position to breakeven stop-loss to seek upward space. If the price cannot stay above 0.0240, consider exiting early.

The 1H RSI has fallen back from overbought to 66, providing room for re-accumulation. The 4H EMA20 and EMA50 have a golden cross opening upward, indicating the medium-term trend framework remains. Combined with the negative funding rate and stable open interest, the potential force for passive short covering has not been fully released. The risk-reward ratio at this position is acceptable; the key is whether the price can quickly move away from the cost basis after entry.

Check real-time market 👇 $GUN
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#GatePreIPOs首发SpaceX #Gate13周年现场直击 #加密市场小幅下跌