$GUN Market Outlook: GUN/USDT Recovery in Progress?]

GUN/USDT has shown a strong +7.25% daily rebound from the recent bottom of $0.0427, now trading around $0.0489. Here's the breakdown:

1H Chart Analysis:

Price is pushing the upper Bollinger Band with bullish momentum.

MACD remains positive, showing increasing buying pressure.

StochRSI is above 87, signaling potential overbought conditions.

RSI(6) is at 73, suggesting strength but nearing a short-term exhaustion zone.

4H Chart Analysis:

Price has broken above the middle Bollinger Band (0.04807) but still faces resistance at the upper band (~0.0528).

StochRSI is maxed out at 100—caution for potential pullback or consolidation.

MACD recently crossed bullish, but overall momentum is still early in its development.

RSI(6) at 68 shows room for upward continuation, but risk of short-term retrace is increasing.

Conclusion: GUN/USDT is in a technical recovery phase. Momentum is currently bullish, but traders should watch for resistance near 0.050–0.052 and overbought signals. A healthy pullback could offer better re-entry.