GUN's recent performance has indeed been eye-catching. Previously, it oscillated between $0.01446 and $0.01542, with both bulls and bears repeatedly tugging within this range, neither side gaining an advantage. Suddenly, buying pressure surged, directly pushing the price out of the consolidation zone and soaring to a new high of $0.01689. Although it slightly retraced to $0.01630 afterward, the intraday increase has already reached 12.34%, which is quite significant.
Trading volume data is also very impressive—24-hour trading volume exceeded 18.85 million USDT, with a total volume of 1.178 billion. Most importantly, during the rally, trading volume clearly expanded, indicating that substantial funds have entered to break the previous deadlock. The previous consolidation now appears to be a buildup phase before a breakout.
From a trading perspective, how should one operate in this situation?
**Entering the market**: chasing the high now is not wise. Waiting for the price to retrace to the $0.01580-$0.01600 range and entering with a small position would be more prudent. Positioning near these key support levels will increase the win rate.
**Take profit levels** are set in three tiers: the first at $0.01670, the second at $0.01700, and if the previous high is broken, you can continue to look at $0.01720.
**Stop loss** should be tighter, set at $0.01550. Once this level is broken, the short-term upward trend is likely to weaken.
This wave of GUN's performance indicates active capital inflow. A 7-day increase of 48.72% shows strong bullish momentum. As long as the price stays above $0.01550, you can confidently remain bullish. Those looking to short should refrain from participating at this stage, as such a breakout to new highs will only be quickly wiped out by reverse trades. Long traders should be patient, wait for a retracement to buy low, and more securely profit from this upward move.
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ProposalDetective
· 01-09 00:40
Damn GUN, this wave of increase is pretty intense, big funds are definitely moving
But chasing the high now is really brainless; we should wait for a pullback to the 1580-1600 range before considering
A 48% increase over 7 days, feels a bit fake
Stop-loss at 1550, this line must be held well; once broken, it's basically game over
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GateUser-7b078580
· 01-07 14:00
The data looks good, but although... such breakthroughs are often just a prelude to a trap. Hourly statistics show that the probability of falling below 0.01550 is actually higher than what the article suggests. Wait a bit longer; the historical low is the real opportunity for positioning.
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EternalMiner
· 01-07 11:53
Wow, big funds are really coming in. The momentum for GUN is very obvious this time.
Wait for the pullback to 1580-1600 to get in. Chasing now is easy to get caught.
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SerNgmi
· 01-07 09:50
Gun, this wave is indeed fierce, but I still prefer to wait for a pullback before acting.
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A 12.34% daily increase is good, but jumping in now feels a bit rushed.
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An increase in trading volume is a good sign, but chasing the high really risks getting caught.
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My strategy is to hold at 1550 and see what happens.
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A 48.72% seven-day increase, the bulls are really going all out.
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The key is whether it can pull back to 1580; otherwise, it's better to stay on the sidelines.
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Friends who are shorting, I advise you not to mess around; this momentum is very strong.
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Setting a three-tier take profit is a good move, at least it provides some psychological expectation.
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Basically, just waiting for a low-entry opportunity; there's no need to follow the trend now.
View OriginalReply0
tx_or_didn't_happen
· 01-07 09:49
Wow, this move is really building up momentum. Once big funds enter, it just explodes out of nowhere.
View OriginalReply0
DeFiGrayling
· 01-07 09:47
Large funds are really pouring in, and the trading volume can't be fooled. But chasing highs is suicide; I think the same way. I need to wait until it drops back to 1580 before considering getting in.
View OriginalReply0
LayoffMiner
· 01-07 09:41
Wow, this move is really intense.
Wait for the pullback to 1580 before jumping in. Chasing now would be a loss.
If it breaks below 1550, you should exit. Don't be greedy.
View OriginalReply0
GateUser-e51e87c7
· 01-07 09:33
Gun, this move is indeed quite aggressive, but I still prefer to wait for a pullback before entering. Chasing highs has caused me to get caught a few times.
GUN's recent performance has indeed been eye-catching. Previously, it oscillated between $0.01446 and $0.01542, with both bulls and bears repeatedly tugging within this range, neither side gaining an advantage. Suddenly, buying pressure surged, directly pushing the price out of the consolidation zone and soaring to a new high of $0.01689. Although it slightly retraced to $0.01630 afterward, the intraday increase has already reached 12.34%, which is quite significant.
Trading volume data is also very impressive—24-hour trading volume exceeded 18.85 million USDT, with a total volume of 1.178 billion. Most importantly, during the rally, trading volume clearly expanded, indicating that substantial funds have entered to break the previous deadlock. The previous consolidation now appears to be a buildup phase before a breakout.
From a trading perspective, how should one operate in this situation?
**Entering the market**: chasing the high now is not wise. Waiting for the price to retrace to the $0.01580-$0.01600 range and entering with a small position would be more prudent. Positioning near these key support levels will increase the win rate.
**Take profit levels** are set in three tiers: the first at $0.01670, the second at $0.01700, and if the previous high is broken, you can continue to look at $0.01720.
**Stop loss** should be tighter, set at $0.01550. Once this level is broken, the short-term upward trend is likely to weaken.
This wave of GUN's performance indicates active capital inflow. A 7-day increase of 48.72% shows strong bullish momentum. As long as the price stays above $0.01550, you can confidently remain bullish. Those looking to short should refrain from participating at this stage, as such a breakout to new highs will only be quickly wiped out by reverse trades. Long traders should be patient, wait for a retracement to buy low, and more securely profit from this upward move.