Binance GUNUSDT 4h Trend Prediction

The candlestick chart displays a short-term straight upward surge, with trading volume increasing rapidly, indicating a market in a typical strong breakout phase, with funds consolidating to go long, and a clear upward trend. Although the RSI and KDJ are already in extreme overbought zones, suggesting potential for a technical pullback, the current buying momentum remains strong, and the MACD has a persistent bullish crossover with increasing volume, making it difficult to see effective short-term bearish reversal signals. The upper band of the Bollinger Bands has been broken through, and the bandwidth has expanded, with price and volume increasing in unison, typically indicating the arrival of a new major upward wave. Based on support and resistance points, the next target is at R1 (0.02809), with the maximum resistance zone for the current rally temporarily between 0.02550 and 0.02750. The chip structure favors the bulls, with significant large trader holdings. The trading platform shows a dominant bullish sentiment, but caution is advised for a possible short-term correction after extreme overbought conditions. Trading recommendation: Given the clear trend, it is suitable to follow the momentum, but due to overbought indicators, a phased entry strategy with quick in and out is recommended, while paying attention to potential short-term pullbacks. Stop-loss should be set around the previous support level at S1 (0.01733), and profit targets are set at the resistance zone between 0.02550 and 0.02750. Risk warning: If there is a significant decline in trading volume or a reversal pattern in KDJ and RSI, it is advisable to realize profits or reduce positions promptly to avoid losses from a correction at high levels.