$GUN /USDT SHORT TRADE SIGNAL – BEARISH BREAKDOWN FROM CHANNEL SUPPORT!
GUN just broke decisively below its descending channel with sharp volume and a strong bearish engulfing candle. The price has dropped to $0.03682 (-7.44%) and is now trading under key resistance levels at $0.03779 – $0.03804. This confirms weakness and opens the door for a deeper correction.
Trade Setup (SHORT):
Entry Price: $0.03720 – $0.03790
Target 1: $0.03524
Target 2: $0.03410
Stop Loss: $0.03820
Why Short?
The breakdown below structure support with a retest rejection is a classic bearish continuation. Volume surge confirms seller dominance. Unless $0.038 is reclaimed, the downtrend is expected to extend further.
Risk Management Tip:
Stick to your SL above $0.03820 — if reclaimed, this setup becomes invalid. Use trailing stop as price hits targets to lock in profits safely.
Sell smart — don’t chase green candles when the trend is turning red!
Enter early, manage risk, and let the trend pay you!
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