$GUN Sharp Rebound – Can Bulls Sustain the Momentum?
$GUN is currently trading at $0.05799, staging a strong recovery after a steep drop earlier today. Buyers have taken charge, but major resistance is just ahead.
Key Levels to Watch:
Resistance Zone:
• $0.05850 – $0.05900
A breakout above this zone could trigger an even bigger upside move.
Support Zone:
• $0.05600 – $0.05500
Losing this support could put the bulls in trouble and invite further selling pressure.
Trade Setup – Get Ready:
Bullish Scenario:
Entry on a confirmed breakout above $0.05900
• TP1: $0.06050
• TP2: $0.06200
• Stop-Loss: Below $0.05600
Bearish Scenario:
Entry on breakdown below $0.05600
• TP1: $0.05500
• TP2: $0.05350
• Stop-Loss: Above $0.05850
Fast rebounds can sometimes stall at resistance. Wait for a solid breakout with volume before entering aggressively.