๐๐จ๐ก๐ญ ๐๐ซ๐ฃ๐๐ข๐๐๐ฆ ๐๐๐ข๐ฉ๐ ๐ง๐ฅ๐๐ก๐๐๐๐ก๐ โ ๐๐๐น๐น๐ ๐ง๐ฎ๐ฟ๐ด๐ฒ๐ $0.050 ๐ก๐ฒ๐ ๐?
$GUN is finally back in action! After weeks of bleeding in May and June, the token has blasted above its key moving averages with momentum and volume. This could mark a trend reversal if the breakout holds.
โ Current Snapshot
Price: $0.03103 (+3.85%)
Breakout Confirmed on 4H chart
Volume Surge confirms strong buying interest
๐ Easy-to-Understand Technical Breakdown
๐น Breakout Trigger:
Price moved above the 99-day Moving Average ($0.02405)
Volume is rising, confirming that this move has real buyers behind it
๐น Short-Term Bull Targets:
$0.035 โ First local resistance
$0.041 โ Last range top from mid-May
$0.048โ$0.050 โ Strong psychological barrier and old support/resistance
๐น Key Support Zones to Watch:
$0.028โ$0.029 โ Recent breakout base
$0.024 โ 99 MA โ MUST hold for bulls to stay in control
๐งญ What Traders Should Watch Next:
๐ข If Price Holds Above $0.030
Thatโs a bullish structure. You can expect a continuation toward $0.035+ in the short term.
๐ก If Price Pulls Back to $0.028โ$0.029
Look for a healthy retest of support โ could be a better entry with lower risk.
๐ด If Price Falls Below $0.024
The breakout may fail. Avoid chasing unless it reclaims $0.030 again.
๐ค Beginner Tip:
A breakout means the price is climbing above key resistance.
But it only matters if the price stays above those levels.
Watch $0.030 closely โ itโs the new battleground between bulls and bears.