GUN/USDT this wave of market movement is indeed fierce. The latest price is 0.02209, with a 24-hour increase of 33.07%. The price has broken through key moving averages MA7, MA25, and MA99, indicating a strong technical pattern. Trading volume has also increased, with an average daily trading volume of 12.215 billion GUN, showing that funds are indeed paying attention to this asset.
However, upon closer inspection, risk signals have already emerged. After reaching a 24-hour high of 0.02296, the price clearly encountered resistance, with a long upper shadow. More concerning is that although the price is rising, sell orders account for 57.20% of the order book—what does this indicate? The selling pressure is quite significant, and the bullish and bearish sentiments are intensifying. Additionally, since the current price is slightly below the mark price, changes in funding rates should also be monitored.
From a cycle perspective, a 7-day increase of 99.01% indicates a very strong short-term profit-taking impulse. Can you imagine? Such abundant short-term profit-taking could trigger a cascade at any moment. Therefore, the current situation is quite delicate—upward momentum is not dead, but we are already in a high-risk zone. The operational advice is not to chase the high; instead, watch whether the 0.0220 level can hold. If it breaks below, consider a pullback towards MA7 (0.0162). In the upcoming period, volatility will be very intense, and risk management must be in place.
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WalletDetective
· 01-09 07:28
57% sell pressure is holding it down; this increase is superficial. Don't be fooled by the numbers.
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BlockchainNewbie
· 01-08 16:47
Selling orders account for 57%. Still dare to chase? This is the rhythm of cutting leeks.
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WhaleMinion
· 01-08 16:47
Another one of these pump traps, with sell orders occupying 57 points, which is really impressive. To put it nicely, it's strong, but in reality, it's just a trap to lure more buyers.
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GasGuzzler
· 01-08 16:46
Looking at this sell volume ratio, it feels like the bears are starting to stir.
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zkProofInThePudding
· 01-08 16:42
Sell orders account for 57%? That's a big trap. No matter how fierce the rise, it's useless.
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WealthCoffee
· 01-08 16:36
A 99% increase directly discourages investors; the pace is indeed fierce, but wow, with 57% sell volume, the risk of a stampede is at its peak.
GUN/USDT this wave of market movement is indeed fierce. The latest price is 0.02209, with a 24-hour increase of 33.07%. The price has broken through key moving averages MA7, MA25, and MA99, indicating a strong technical pattern. Trading volume has also increased, with an average daily trading volume of 12.215 billion GUN, showing that funds are indeed paying attention to this asset.
However, upon closer inspection, risk signals have already emerged. After reaching a 24-hour high of 0.02296, the price clearly encountered resistance, with a long upper shadow. More concerning is that although the price is rising, sell orders account for 57.20% of the order book—what does this indicate? The selling pressure is quite significant, and the bullish and bearish sentiments are intensifying. Additionally, since the current price is slightly below the mark price, changes in funding rates should also be monitored.
From a cycle perspective, a 7-day increase of 99.01% indicates a very strong short-term profit-taking impulse. Can you imagine? Such abundant short-term profit-taking could trigger a cascade at any moment. Therefore, the current situation is quite delicate—upward momentum is not dead, but we are already in a high-risk zone. The operational advice is not to chase the high; instead, watch whether the 0.0220 level can hold. If it breaks below, consider a pullback towards MA7 (0.0162). In the upcoming period, volatility will be very intense, and risk management must be in place.