The rack that it hangs on , it's upside down the trigger guard is up, so right where the end of the barrel is right where the end of the barrel in the lock is is the lowest point,It also helps to store your gun muzzle down.
I've considered changing the rack that it hangs on there's two pegs one of them fits on the cheek rest and the other is about halfway up the length of the barrel if I was to change this rifle rack so that one of the pigs is right where the trigger is and the one where the muzzle is is about a half inch or an inch lower it would allow any oil to run away from the firin nipple