$GUN /USDT – Oversold but Still Bleeding, Caution Advised

Current Price: $0.05249

24H Drop: -19.12%

24H High/Low: $0.06940 / $0.05123

15-Min Trend: Steep downward pressure

StochRSI: 0.0000 (Oversold)

MastoChRSI: 5.73 (Extreme low)

Technical Breakdown:

$GUN /USDT is under heavy selling pressure, tumbling nearly 20% in the last 24 hours. It touched a new local low of $0.05123 before bouncing slightly. On the 15-minute chart, red candles dominate, with no meaningful reversal yet.

Why It Matters:

Both StochRSI and MastoChRSI are scraping rock bottom, signaling extreme oversold territory.

While that hints at a potential bounce, there's no confirmation of a reversal just yet.

If $0.05123 breaks down again, the next psychological support could be around $0.05000.

Key Levels:

Support: $0.05123 (critical) / $0.05000

Resistance: $0.05330 / $0.05500

Volume Note: Decent trading volume shows active interest, but most of it is from sellers.

Strategy Tip:

Scalpers may look for a quick bounce from this oversold zone — but only with tight stop-losses below $0.0512. Safer play would be to wait for a bullish candle and StochRSI cross above 20.

Bias: Bearish short-term, but oversold conditions could spark a relief bounce. Trade carefully — this one's on thin ice.