【$GUN Signal】Long - 1H pullback confirmation, main force clearly intends to support the market
$GUN The 1H timeframe has made a healthy pullback after reaching a new high. The current price is supported near the EMA20 (0.0274). The 4H timeframe shows a strong upward channel, and the bullish pattern remains intact. Although RSI on the 1H (64.36) has slightly pulled back, this is a healthy correction during an uptrend. The key point is: as the price rises by 24.65%, open interest (OI) remains stable, and buy-side depth (bid_ask_ratio_depth=1.15) is dominant, indicating that the main force has not exited but is actively supporting the market at high levels through turnover. This is a typical strong consolidation, preparing for the next surge.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0282 - 0.0284 (Reason: 1H EMA20 dynamic support zone, also the current dense trading zone )
🛑Stop loss: 0.0276 (Reason: Falling below the 1H previous low and EMA50 support levels, indicating a deep correction )
🚀Target 1: 0.0297 (Reason: Previous high resistance level, also the intraday high )
- Position suggestion: Standard position (Reason: 4H trend is upward, 1H pullback structure is clear, risk-reward ratio >1.5 )
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 0.0297, hold the remaining position to aim for Target 2.
Depth logic: Market logic indicates “price rising, consider open interest,” currently OI is stable, price remains firm, ruling out short squeeze. It is more likely that main force is supporting the market or new funds are entering. The 1H RSI has pulled back from high levels to a neutral zone, providing room for another upward move. The order book depth imbalance of 6.87% favors buyers, with heavy buy orders accumulated below (large buy orders in the 0.0283-0.0284 range), providing strong buffer support for the price. Overall, this is a low-entry opportunity within a bullish trend.
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.
【$GUN Signal】Long - 1H pullback confirmation, main force clearly intends to support the market
$GUN The 1H timeframe has made a healthy pullback after reaching a new high. The current price is supported near the EMA20 (0.0274). The 4H timeframe shows a strong upward channel, and the bullish pattern remains intact. Although RSI on the 1H (64.36) has slightly pulled back, this is a healthy correction during an uptrend. The key point is: as the price rises by 24.65%, open interest (OI) remains stable, and buy-side depth (bid_ask_ratio_depth=1.15) is dominant, indicating that the main force has not exited but is actively supporting the market at high levels through turnover. This is a typical strong consolidation, preparing for the next surge.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0282 - 0.0284 (Reason: 1H EMA20 dynamic support zone, also the current dense trading zone )
🛑Stop loss: 0.0276 (Reason: Falling below the 1H previous low and EMA50 support levels, indicating a deep correction )
🚀Target 1: 0.0297 (Reason: Previous high resistance level, also the intraday high )
🚀Target 2: 0.0315 (Reason: 4H wave Fibonacci extension at 1.618 level )
🛡️Trade Management:
- Position suggestion: Standard position (Reason: 4H trend is upward, 1H pullback structure is clear, risk-reward ratio >1.5 )
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 0.0297, hold the remaining position to aim for Target 2.
Depth logic: Market logic indicates “price rising, consider open interest,” currently OI is stable, price remains firm, ruling out short squeeze. It is more likely that main force is supporting the market or new funds are entering. The 1H RSI has pulled back from high levels to a neutral zone, providing room for another upward move. The order book depth imbalance of 6.87% favors buyers, with heavy buy orders accumulated below (large buy orders in the 0.0283-0.0284 range), providing strong buffer support for the price. Overall, this is a low-entry opportunity within a bullish trend.
View real-time market 👇 $GUN
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL