📈 $GUN USDT UPDATE
GUN/USDT is trading at $0.0409 (+16.69%), showing strong bullish momentum on the 4H timeframe.
✅ Technical Analysis:
The price is trending above the Bollinger Band midline ($0.03439) and riding the upper band ($0.04029), confirming strong momentum.
RSI (6) is at 80.72 (overbought zone), indicating strong buying but watch for potential short-term pullback.
High volume confirms the move, with consistent higher lows and higher highs.
Price recently broke above resistance at $0.0387, now acting as immediate support.
🎯 Trade Plan:
Entry: Current zone ($0.0405–0.0410)
Take Profit Targets:
TP1: $0.0425 (previous high zone)
TP2: $0.0450 (psychological resistance)
TP3: $0.0475 (extension target if momentum continues)
Stop Loss: $0.0380 (below last breakout zone to protect capital)
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⚠️ Note: RSI overbought indicates caution; partial profits at TP1 can secure gains while letting the rest ride if momentum continues.