$GUN is showing a strong bullish breakout after rebounding from the 0.00697 support zone. Buyers stepped in aggressively, driving price to a session high of 0.01040 before a healthy pullback to 0.00805. Despite the retracement, the 1H chart still reflects strong momentum, with bulls maintaining control of the broader short-term trend following the explosive move.
Setup:
• Entry: 0.00790 – 0.00820
• Target 1: 0.00890
• Target 2: 0.00980
• Target 3: 0.01050
• Stop-loss: 0.00720
RSI(6) is currently around 49.18, indicating momentum has cooled after the sharp rally and allowing the market to reset from previously overbought conditions. The strong volume surge accompanying the breakout suggests genuine buying interest rather than a temporary spike. If GUN continues to hold above the 0.00790–0.00800 support region, buyers may attempt another push toward the recent high and potentially higher resistance levels in the coming sessions. 🚀📈🔥
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