TradingView analysis gives a "Buy" rating on the daily and weekly timeframe, with a strong recommendation on moving averages
On the Investing.com platform, daily and weekly indicators show Strong Buy signals, with a clear absence of selling pressure
2. Exchange Signals:
Binance platform indicates a breakout above the resistance range at 2.2312 USDT and the area turning into support, supporting a bullish continuation scenario
3. Important Support and Resistance:
Key Support: 2.20–2.23 USDT
Next Resistance: 2.295 and 2.386, with an extended option towards ~2.488 USDT
4. Potential Technical Scenario:
Ascending price structure model with higher highs/lows
Momentum is positive, RSI is high without the double top in overbought (RSI ~69)
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🎯 My Instant Recommendations:
✔️ If you are thinking of entering:
A long position seems supported as long as the price is above support 2.20–2.23
Place a stop loss slightly below 2.20 (~2.18) to avoid breaking support
🎯 Potential Targets:
First target: 2.386 USDT
Extended target (long-term): 2.488 USDT if momentum continues and strong breakout occurs
⚠️ If you are currently in the trade:
Stay in as long as the price is above 2.231–2.235 USDT with clear momentum
Take some profit at 2.386
If the price breaks 2.23 or 2.20 with a close and volatility, consider exiting to secure profits or stop loss ..
1. Keep the trade open as long as the price is above 0.0370 and the MACD has not reversed downward.
2. Move the stop loss to between 0.0370–0.0375 USDT– below the support and do not return to the breakout.
3. Take partial profit at 0.046 USDT, and keep the rest of the position for the next target at 0.053–0.056.
4. If the price breaks 0.0370 with a 4H candle, exit quickly—this is considered a failure retest signal and a risk of deeper correction.
5. Monitor MACD + EMA on the 4H timeframe:
Weak Histogram or negative crossover → Signal for potential correction.
New positive crossover above EMA → Confirmation of continued rise.
📌 Advice: Watch the 4H chart throughout the day—if support continues, maintain the position; if strong negative signals appear (support break or negative crossover in MACD), exit immediately.
Current direction is up: the price is approaching the upper internal range at 0.04198 USDT — indicating a potential breakout above resistance.
High trading volume: the activity is evident and leans towards buying, which is positive for the continuity of the movement.
Wide fluctuations: a difference of about +23% between the daily high and low, which enhances profit opportunities but increases risk with high leverage.
Supporting technical signals: on TradingView, a 'falling wedge breakout' pattern has actually appeared on the 2-4 hour time frame, reinforcing the likelihood of the upward trend continuing.
________ Entry strategy (Perpetual Contract)
Step Recommendation
Entry price 0.0403–0.0405 USDT (close to the current price to confirm the breakout away from noise)
Stop loss 0.0355 USDT — below the current local low (0.0346) with a slight safety margin, limiting loss at ~–12%
Target 1 0.053 USDT — medium resistance level based on previous technical signals
Target 2 0.060 USDT — extended target based on advanced trader signals
Leverage 5–10× — balancing between risk reduction and achieving leverage on the expected movement
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The market shows an increasing interest in the GUN/USDT spot contract on Binance, especially after the launch of 75× leverage and the mainnet update. This generates high-profit trading opportunities, but don't forget: the risk is significant.
📌 If you choose to trade with leverage — enter with very small positions, use a stop loss, and be prepared for losses.