$GUN GUN/USDT TRADE SETUP

Scalping Opportunity with Bounce Potential

📉 Price: $0.04348

📌 Trade Plan

Entry Zone:

➤ $0.0425 - $0.0432 (accumulation zone near local low and oversold RSI)

Stop Loss:

➤ $0.0398 (below previous support & Wm%R extension)

Take-Profit Targets:

1️⃣ TP1: $0.0465 (short-term EMA retest)

2️⃣ TP2: $0.0500 (prior consolidation zone)

3️⃣ TP3: $0.0560 (local high)

📈 Risk-Reward Ratio

✔️ RRR: 1:2.1 to 1:3.5 depending on TP hit

Favorable setup for short-term bounce play with defined downside risk.

🔍 Technical Breakdown

Market Structure Shift:

↘️ Currently in a strong downtrend but showing early accumulation signs after a heavy volume spike and rebound wick.

Key Support:

$0.0420 – historical bounce zone

$0.0300 – major support from initial drop

Key Resistance:

$0.0485 – EMA cluster (7, 25, 99)

$0.0560 – recent local high rejection

Volume Profile:

Spike in buy volume near $0.043 suggests buyer interest

Low-volume zones between $0.045 - $0.050 could be filled quickly on upside movement

Indicators:

RSI(6): 15 – deeply oversold

Wm%R(14): -97 – maximum oversold condition

EMAs are trending down but flattening out, showing momentum loss in the dump

⚙️ Trade Management

Move SL to break-even at TP1

Trail stop below each EMA cluster as TP levels get hit

Monitor for bullish engulfing candles or volume breakout over EMA99 (~$0.052) for added confirmation

Avoid holding if BTC/ETH show weakness

✍️ Final Thoughts

Bias: ⚠️ Cautiously Bullish (Short-term)

This is a high-risk bounce play off major oversold levels.

The downside may be limited here, but trend remains bearish unless EMA clusters are reclaimed.

Risks:

Bearish macro trend

Potential fakeouts if BTC drops

Trade safe & stick to your plan!

Let the chart do the talking and your SL do the walking.

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