$GUN ๐ฅ TRADE AND INVEST ๐ฅ
ย Trade Setup (Short):
Entry Zone: 0.04880 โ 0.04950
Take-Profit Targets:
TP1: 0.04750
TP2: 0.04695
Stop-Loss: 0.05045
Price action has reached a local resistance zone near the 0.04950โ0.05040 range, where clear rejection candles are forming. Volume is declining, suggesting fading bullish strength, and the chart shows signs of a potential lower high forming โ indicating incoming bearish pressure.
Market Outlook:
Unless bulls reclaim the 0.05050 zone with strong volume, this setup favors short positions targeting a corrective wave to prior support. Always monitor BTC's direction to confirm momentum alignment.