$GUN / USDT – Sharp Downtrend, Key Support Level in Focus
$GUN has experienced a significant drop to $0.04645 following a strong bearish move. The price is now approaching the recent low of $0.04509, which could act as a critical support level in the short term.
Trade Setup (Caution Advised):
Potential Reversal Zone: $0.04580 - $0.04680
Initial Target: $0.04850
Secondary Target: $0.05050
Stop Loss: $0.04450
A break below the $0.0450 level could lead to further downside. However, if buyers step in around this zone, we might see a temporary bounce. High volatility is expected, so exercise caution and watch volume closely for any signs of reversal.