#数字资产动态追踪 $GUN How to view the market trend? My approach is cautiously bullish, but watch out for overbought traps.
**When to get in?** The current price level is a bit high, so I don't recommend chasing. Wait for it to pull back to the 0.0130-0.0135 range and stabilize before entering in batches. This area coincides with the support of MA5 and the middle band of the Bollinger Bands, which increases the probability of a successful entry.
**How to protect the position?** Set a stop-loss below 0.0125, which is about 3-4% from the entry price. Considering the current ATR volatility (0.0003534), this stop-loss distance is quite reasonable.
**Where are the targets?** In the short term, look at R1 = 0.0156167, which is roughly a 10% increase from the entry price. If it holds, the second target R2 = 0.0168533 offers a chance for a 20% gain. The risk-reward ratio for this trade exceeds 1:2.5, making it quite worthwhile.
**Where are the risks?** The RSI is already in overbought territory, and negative funding rates are showing bearish divergence signals. If the price breaks below the key support at 0.0130, the trend will reverse. It's time to admit mistakes and switch to a wait-and-see mode. Don't hold on stubbornly.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
24 Likes
Reward
24
6
Repost
Share
Comment
0/400
FloorPriceWatcher
· 01-06 13:39
Wait for the pullback before getting in. Chasing highs now just makes you the bag holder. Be cautious of overbought traps and don't force your way in.
View OriginalReply0
DataChief
· 01-05 16:52
0.0130 is indeed a key support level. If it breaks, you should run; don't be greedy.
View OriginalReply0
RamenStacker
· 01-03 14:50
Let's wait for the pullback; chasing highs now just makes you the bagholder.
View OriginalReply0
AirdropHarvester
· 01-03 14:48
0.0130 is really tightly capped, and with such an obvious RSI overbought signal, only the brave would dare to chase it haha
View OriginalReply0
DegenWhisperer
· 01-03 14:45
Wait for the pullback before entering. Chasing highs now is just giving away money.
View OriginalReply0
FreeRider
· 01-03 14:31
0.0130 is the level to watch, don't rush to chase and give away your head
#数字资产动态追踪 $GUN How to view the market trend? My approach is cautiously bullish, but watch out for overbought traps.
**When to get in?**
The current price level is a bit high, so I don't recommend chasing. Wait for it to pull back to the 0.0130-0.0135 range and stabilize before entering in batches. This area coincides with the support of MA5 and the middle band of the Bollinger Bands, which increases the probability of a successful entry.
**How to protect the position?**
Set a stop-loss below 0.0125, which is about 3-4% from the entry price. Considering the current ATR volatility (0.0003534), this stop-loss distance is quite reasonable.
**Where are the targets?**
In the short term, look at R1 = 0.0156167, which is roughly a 10% increase from the entry price. If it holds, the second target R2 = 0.0168533 offers a chance for a 20% gain. The risk-reward ratio for this trade exceeds 1:2.5, making it quite worthwhile.
**Where are the risks?**
The RSI is already in overbought territory, and negative funding rates are showing bearish divergence signals. If the price breaks below the key support at 0.0130, the trend will reverse. It's time to admit mistakes and switch to a wait-and-see mode. Don't hold on stubbornly.