【$GUN Signal】Waiting for more pullbacks, 1H level overheating needs to release

$GUN 1H level RSI soared to 87.59, buying pressure extremely crowded. The 4H Bollinger Band upper band has been broken, price is trading above 0.0208, MACD histogram is still expanding, but the 1H MACD histogram has started to contract, indicating initial divergence in momentum. Market depth shows sell orders are 23% thicker than buy orders, active selling pressure is accumulating.

Price surged too quickly, short-term risk-reward ratio has become unbalanced, chasing high directly carries much greater risk than potential reward.

🎯Direction: Wait and see (pullback orders)

⚡Entry/Order: Lurk near the lower boundary of 0.01633 - 0.02029 range, specifically place order at 0.0165.

🛑Stop loss: 0.01592

🚀Target 1: 0.02042

🚀Target 2: 0.02050

🛡️Trade management: - Execution strategy: After order fills, if the price quickly rises to Target 1, first close half of the position to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0203, consider exiting all positions.

A massive bullish candle on the 4H chart has changed the structure, but the 1H volume did not expand in sync after reaching new highs, showing a divergence between volume and price. The funding rate of 0.0018% is not extreme, but open interest remains stable, indicating that bulls and bears have not yet entered a fierce battle. Waiting for a healthy pullback, testing the support near the previous breakout at the 4H Bollinger Band upper band around 0.0193, or waiting for the 1H RSI to return to a neutral zone before considering entry would be more prudent.

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