$GUN BREAKOUT OR PULLBACK?
$GUN is now trading at $0.04890 after taking a sharp -10.85% hit from its 24h high of $0.05561. The price is consolidating just beneath resistance after bouncing off support, while the order book leans slightly bullish with 59.44% buyers. Despite recent weakness, volume is showing signs of recovery (411.50M), suggesting a potential swing move is brewing.
Key Levels to Watch:
• Immediate Resistance: $0.04910
• Immediate Support: $0.04830
This tight range could break either way soon—traders should stay nimble.
Trade Setup – Watch for the Trigger Candle
Bullish Scenario:
If price clears and sustains above $0.04910:
• TP1: $0.05020
• TP2: $0.05200
Bearish Scenario:
If $0.04830 fails to hold:
• TP1: $0.04720
• TP2: $0.04580
Stop-Loss:
• Long SL: $0.04820
• Short SL: $0.04930
Let the breakout confirm before making your move.
