📉 $GUN Short Trade Setup – Targeting $0.058 & $0.052

GUN is currently trading around $0.062, having recently faced resistance near $0.064. This area has previously acted as a ceiling, and the price is showing signs of a potential pullback.​

Price Action Update:

Current Price: $0.062

Resistance Zone: $0.064

Support Levels: $0.058 and $0.052​

Trade Setup:

Entry Zone: Around $0.062 – $0.064

Take Profit 1 (TP1): $0.058

Take Profit 2 (TP2): $0.052

Stop-Loss: Above $0.065​

If GUN fails to break above the resistance zone, a short position targeting the support levels could be favorable. Monitor for confirmation of a reversal before entering.​

📈 $GUN Long Trade Setup – Targeting $0.070 & $0.080

GUN has shown strong bullish momentum, recently bouncing from a low of $0.054 to its current levels. A breakout above the $0.064 resistance could signal further upside potential.​

Price Action Update:

Current Price: $0.062

Resistance Levels: $0.064, $0.070, and $0.080

Support Levels: $0.058 and $0.052​

Trade Setup:

Entry Zone: On a confirmed breakout above $0.064

Take Profit 1 (TP1): $0.070

Take Profit 2 (TP2): $0.080

Stop-Loss: Below $0.058​

If GUN breaks and holds above the resistance zone with increased volume, a long position targeting higher resistance levels could be favorable. Ensure to confirm the breakout before entering and manage risk appropriately.​

🔄 Bouncing Points – The Exciting Zones

📍 Support Levels: $0.058 and $0.052 – These levels have previously acted as strong support, where buying interest has emerged.

📍 Resistance Levels: $0.064 and $0.070 – These are key resistance zones where selling pressure could increase.