$GUN /USDT – Downtrend Deepens with -7% Slide!
$GUN continues to bleed, now trading at $0.04287, reflecting a sharp -7.21% decline in the past 24H. After topping at $0.04627, the coin faced consistent selling pressure, breaking through support levels with lower highs and bearish candles dominating the 1H chart.
With a 24H low of $0.04212 almost retested, this zone is now a critical line for bulls to defend. A failure to hold here could open further downside.
24H Overview:
High: $0.04627
Low: $0.04212
Current Price: $0.04287
Volume: 420.41M GUN / 18.42M USDT
Trade Setup (Short Bias):
Entry Zone: $0.04300 – $0.04350
Final Target: $0.04100
Stop Loss: $0.04480
Why This Setup Works:
Strong downward momentum, no reversal signals yet, and consistent rejection on minor bounces.
Risk Note: If $0.04200 holds with rising volume, be cautious of a potential short squeeze.
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