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#数字资产动态追踪 $GUN How to view the market trend? My approach is cautiously bullish, but watch out for overbought traps.
**When to get in?**
The current price level is a bit high, so I don't recommend chasing. Wait for it to pull back to the 0.0130-0.0135 range and stabilize before entering in batches. This area coincides with the support of MA5 and the middle band of the Bollinger Bands, which increases the probability of a successful entry.
**How to protect the position?**
Set a stop-loss below 0.0125, which is about 3-4% from the entry price. Considering the current ATR volatility (0.0003534), this stop-loss distance is quite reasonable.
**Where are the targets?**
In the short term, look at R1 = 0.0156167, which is roughly a 10% increase from the entry price. If it holds, the second target R2 = 0.0168533 offers a chance for a 20% gain. The risk-reward ratio for this trade exceeds 1:2.5, making it quite worthwhile.
**Where are the risks?**
The RSI is already in overbought territory, and negative funding rates are showing bearish divergence signals. If the price breaks below the key support at 0.0130, the trend will reverse. It's time to admit mistakes and switch to a wait-and-see mode. Don't hold on stubbornly.