$GUN HITS INFLECTION POINT – CAN BULLS DEFEND THE LINE?
$GUN is trading at $0.05363, struggling to hold short-term support after getting rejected near $0.05600. The price has pulled back with increasing sell-side pressure, and all eyes are now on the $0.05340–$0.05300 support zone. This is the level that could decide whether the market rebounds—or dives deeper.
Key Levels to Watch:
• Resistance Zone: $0.05440 – $0.05580
• Support Zone: $0.05340 – $0.05300
Trade Setup – Momentum Could Swing Fast:
• Bullish Breakout Plan:
If GUN reclaims $0.05450 and closes strong:
• TP1: $0.05550
• TP2: $0.05680
• Stop-Loss: Below $0.05320
• Bearish Breakdown Plan:
A confirmed break below $0.05300 could trigger further downside:
• TP1: $0.05220
• TP2: $0.05080
• Stop-Loss: Above $0.05440
Avoid front-running the move. Let the candles close beyond the key zones and then strike with proper stop-loss in place.