$GUN /USDT – Massive Pump, But Is It Topping Out?

Current Price: $0.10778 (▲259.27%)

Market Summary:

$GUN just printed a monstrous candle, surging over 250% in a single move. Price wicked to $0.15 before pulling back, now showing signs of early distribution with smaller-bodied candles and decreasing momentum.

Key Levels:

• Resistance: $0.1200 / $0.1500 (24H high)

• Support: $0.1000 / $0.0850

• 24H Range: $0.0300 – $0.1500

Short Trade Setup:

• Entry Zone: $0.107 – $0.112

• Targets:

◦ TP1: $0.095

◦ TP2: $0.085

◦ TP3: $0.072

• Stop Loss: $0.122

Market Insight:

Insane volume spike on Binance with over 1.01B GUN traded in 24H. However, the current structure resembles a parabolic top. Lower timeframe exhaustion suggests a potential retracement before the next leg.

Pro Tip:

Don’t short blindly—wait for a strong bearish engulfing candle on 15m and rejection below $0.1100 to validate the short.

CTA:

$GUN had its moonshot—now it’s time to monitor for the fallout. Scalpers and short traders, stay sharp and snipe your entries around key zones!

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