Current Landscape:
GUNZ recently traded around $0.02955, reflecting a –6% drop in the last 24 hours, with a market cap hovering near $30 million .
Short-Term Technical Snapshot:
Recent trading data shows a sharp 16% decline, a breach of key support near $0.0290, and technical indicators (RSI & MACD) pointing to sustained bearish momentum . This paints a picture of short-term weakness.
Bright Spots & Bull Case:
– Some forecasts anticipate GUNZ climbing to $0.060 in 2025 if the crypto market stays bullish and gaming adoption picks up .
– On Binance Square, analysts noted bullish technical patterns—specifically a potential “wave G” forming after completing wave F. Several indicators (ADX, CCI, Williams %R) suggest buying pressure may be emerging .
What to Watch:
Daily Price Action: Can GUNZ reclaim and stay above support around $0.029–$0.030?
Confirmation of Technical Reversals: Look for momentum shifts in MACD and RSI.
Broader Crypto Sentiment: Bullish tailwinds from the broader market and increased GameFi or NFT adoption could propel GUNZ upward.