$GUN USDT Technical Analysis & Trade Signal
Current Price: 0.03609
Reference Level: 0.03609
Timeframe: 1H / 4H Chart
Market Overview
$GUN is currently consolidating near the 0.03609 level after experiencing a short-term retracement from its recent high. This level is acting as a critical mid-support zone in the ongoing range. The price is showing signs of stabilization, but momentum remains neutral-to-bearish unless a breakout is confirmed.
Trade Setup: Bounce or Breakdown Strategy
Entry Option A – Support Bounce:
– Entry Zone: 0.03550 – 0.03620
– Entry Condition: Bullish engulfing or strong volume rebound above 0.03609
– Ideal for short-term scalpers targeting intraday recovery
Entry Option B – Breakout Trade:
– Trigger: Clean breakout above 0.03720 on 1H or 4H with volume confirmation
– Breakout above this resistance could trigger trend continuation toward higher levels
Targets:
– Target 1: 0.03790
– Target 2: 0.03960
– Target 3 (extended): 0.04200
Stop Loss:
– Conservative SL: below 0.03480
– Aggressive SL: below 0.03530
Technical Indicators:
– Moving averages are flattening on the 4H, showing consolidation
– RSI is neutral (~50), not overbought or oversold
– Volume has slightly decreased, indicating a potential breakout zone forming
Conclusion
The 0.03609 zone is acting as a key decision area. A hold above it with bullish volume could push GUN toward 0.038+. However, a breakdown below 0.03530 may lead to another wave of selling toward 0.03390 and below. Wait for price action confirmation around this level before executing the trade.
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