$GUN Faces Heavy Sell-Off – Recovery or Further Breakdown Ahead?
GUN/USDT is currently trading at $0.05453, after a sharp drop from the $0.056+ zone, followed by a brief attempt to stabilize near support. A long lower wick shows buyer reaction, but order book still leans bearish, and recovery will require strength above key resistances.
Key Levels to Watch:
• Resistance: $0.05580 – A breakout above this may trigger a recovery toward $0.05760 and $0.05920.
• Support: $0.05420 – If this base fails again, the next downside targets lie near $0.05240 and $0.05075.
Trade Setup – High Volatility Zone, Act with Caution
Bullish Scenario:
• Entry: On a confirmed breakout above $0.05580
• TP1: $0.05760
• TP2: $0.05920
Bearish Scenario:
• Entry: On a breakdown below $0.05420
• TP1: $0.05240
• TP2: $0.05075
Stop-Loss: Keep stops just beyond resistance or support break levels to avoid getting trapped in fakeouts.