"After 400% Surge": References the earlier spike (from $0.03000 to $0.15000, a 400% increase),
"Is $0.05 the Next Stop?": Poses a question about the key support level ($0.05040 from the depth chart),
Graph Analysis (GUN/USDT, 1-Day Time Frame):
The image shows a trading interface for GUN/USDT on Binance, but the graph itself is not a candlestick or line chart—it’s a depth chart (order book depth). Here’s what the depth chart tells us:
Price (Y-Axis): The price levels range from approximately 0.0240 USDT to 0.1560 USDT.
Current Price: The market price is 0.07419 USDT (as indicated at the top).
Buy Orders (Green): The left side (green area) shows the cumulative buy orders. There’s significant buy support starting around 0.05040 USDT, with a large accumulation of buy orders down to 0.03000 USDT.
Sell Orders (Red): The right side (red area) shows the cumulative sell orders. There’s a notable sell wall starting around 0.07680 USDT, with increasing sell pressure up to 0.12960 USDT and beyond.
Volume (X-Axis): The volume of GUN tokens in the order book is shown at the bottom. For buy orders, there’s a peak of 2.02B GUN around 0.03000 USDT. For sell orders, there’s a smaller peak of 650M GUN around 0.07680 USDT.
Order Book Balance: The order book shows 52.07% buy orders vs. 47.93% sell orders, indicating slightly more buying interest.
Volume Data: The 24-hour volume is 2.67B GUN (as per the top stats), aligning with the “Volume Surge: 2.62B” mentioned in the content.
Key Observations from the Graph:
The current price (0.07419 USDT) is near a sell wall (0.07680 USDT), suggesting resistance to upward movement.
There’s strong buy support below the current price, particularly around 0.05040 USDT and down to 0.03000 USDT, indicating potential support zones if the price continues to drop.
The depth chart shows more buy-side liquidity (2.02B GUN) at lower prices compared to sell-side liquidity (650M GUN) at higher prices, suggesting buyers are waiting for a dip.
