🔴 GUN/USDT – Market Watch
Price: $0.02386 (–2.4%)
Intraday High/Low: $0.02460 / $0.02320
Reason: A sharp long liquidation event ($4.93K) triggered downside pressure, with weak demand failing to absorb sell orders. Lower liquidity in this pair amplifies volatility.
Key Levels:
Support: $0.0230 – $0.0222
Resistance: $0.0245 – $0.0258
Trend: Bearish – GUN is trading below short-term averages, struggling to reclaim resistance zones.
Trade Idea:
If GUN sustains above $0.0230, a relief bounce toward $0.0245–$0.0258 may unfold.
If it breaks below $0.0230, bears could extend control toward $0.0222–$0.0215.
⚠️ Traders should remain cautious: thin liquidity makes GUN prone to sharp spikes both ways. Risk management is key here.
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