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【$GUN】Short, 4H Overbought/Severe Depth Imbalance/Negative Funding Rate Suppression
$GUN 4H RSI skyrocketed to 77, price has broken out above the Bollinger Band upper band. More critically, the order book depth is severely imbalanced, with sell orders piling up above 0.0207, nearly 3 times the total volume of buy orders. The negative funding rate indicates shorts are paying a premium, yet price is rallying against the trend. The risk of distribution after this short squeeze is extremely high.
🎯Direction: Short🛑Stop Loss: 0.02120⚡Entry: 0.02058 - 0.02070🚀Target: 0.01900🛡️Strategy: If price fails to hold above 0.0207, enter in batches directly. Reduce half position at the first target level, keep the remaining at breakeven, betting on a deep pullback.
View Real-time Chart 👇 $GUN
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