Currency $GUN trading notice 💹
Long position: suggested
Entry range: 0.003025-0.003051
Stop loss: 0.003011
Targets: 0.003071, 0.003099, 0.003142
Technical analysis: The GUN chart—what a rollercoaster. That K-line yesterday was clearly a fake bullish candle. This morning it surged right at the open, but when you look at it, the MACD golden cross didn’t really follow through. Then the K-line in the afternoon wiped out the gains, and at close it was slightly green.
The short-term EMA has crossed above the long-term EMA, but the strength of this golden cross isn’t very strong. The RSI is still around 60, so the bulls don’t have a clear advantage. Set the stop-loss level at 0.003011. If this level can hold, the long setup is still possible—after all, the MACD golden cross hasn’t been broken, and near-term sentiment is still bullish. But be cautious with this move; don’t get too excited just because it’s rising. If it drops back, the stop loss should be respected first.
Suggested stop-loss level: 0.003011. Please adjust your position size according to your own risk preference
#GUN
Long position: suggested
Entry range: 0.003025-0.003051
Stop loss: 0.003011
Targets: 0.003071, 0.003099, 0.003142
Technical analysis: The GUN chart—what a rollercoaster. That K-line yesterday was clearly a fake bullish candle. This morning it surged right at the open, but when you look at it, the MACD golden cross didn’t really follow through. Then the K-line in the afternoon wiped out the gains, and at close it was slightly green.
The short-term EMA has crossed above the long-term EMA, but the strength of this golden cross isn’t very strong. The RSI is still around 60, so the bulls don’t have a clear advantage. Set the stop-loss level at 0.003011. If this level can hold, the long setup is still possible—after all, the MACD golden cross hasn’t been broken, and near-term sentiment is still bullish. But be cautious with this move; don’t get too excited just because it’s rising. If it drops back, the stop loss should be respected first.
Suggested stop-loss level: 0.003011. Please adjust your position size according to your own risk preference
#GUN