They’re calling this exhaustion, but the chart signals continued weakness on GUN
$GUN /USDT - SHORT
Trade Plan:
🎯 Entry: 0.08210 – 0.08340
🛑 SL: 0.08720
✅ TP1: 0.07890
✅ TP2: 0.07560
✅ TP3: 0.07180
Why this setup?
4H structure remains bearish as price keeps forming lower highs after rejection from resistance. Buying momentum is weak, and recent candles show lack of strong demand.
Price is hovering near a supply zone while RSI cools down, hinting at further downside continuation within the current range.
Debate:
Will price continue dropping toward TP1 at 0.07890, or can buyers defend and reverse the trend?
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They’re calling this a dip buy, but trend structure still favors downside on NEAR.
$NEAR /USDT - SHORT
Trade Plan:
🎯 Entry: 0.3120 – 0.3180
🛑 SL: 0.3295
✅ TP1: 0.2985
✅ TP2: 0.2840
✅ TP3: 0.2695
Why this setup?
Trend remains bearish on higher timeframes with consistent lower highs forming. Price failed to reclaim resistance, showing seller dominance.
Volume remains low on upward moves, suggesting weak bullish strength and higher probability of continuation down.
Debate:
Is this just a minor pullback before another leg down to TP1 at 0.2985, or will buyers regain momentum?
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