I’m watching $GUN closely here. Price is holding around 0.01444 after a clean bounce from the intraday low. Structure shows higher lows on the lower timeframe and buyers are stepping back in after the pullback. Momentum is rebuilding and as long as support holds this move has room to continue.
Trade Setup
Entry Zone
0.01430 to 0.01445
Target Points
Target 1 0.01490
Target 2 0.01530
Stop Loss
0.01405
Why this setup works
I’m taking this because price defended the demand zone near 0.0142 and is forming higher lows which signals trend continuation. Volume picked up on green candles and price is pushing back above short term averages. Risk to reward is clean and invalidation is clear if support breaks.
GUN
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