A of April 10, 2025, Guncoin ($GUN ) is trading at approximately $0.04923, reflecting an increase of $0.00556 (12.74%) from the previous close.
Analyzing $GUN’s current market behavior:
1. RSI (Relative Strength Index):
The RSI is currently elevated but not yet overbought. Traders should watch for a move above 70 as a caution signal.
2. 50MA and 200MA (Moving Averages):
Price is above both averages, indicating bullish momentum in the short and long term.
3. MACD (Moving Average Convergence Divergence):
The MACD line is above the signal line, showing continued positive momentum.
4. Volume Trends:
Volume has picked up with the price move — a healthy sign of buyer strength.
5. Support and Resistance Levels:
Resistance is seen near $0.055 and $0.060, while support lies around $0.045 and $0.040.
6. Stop-Loss Suggestion:
A stop-loss at $0.038 is recommended for risk management.
Recommendation:
Trend: Neutral
Signal: Hold
Resistance Levels: $0.055, $0.060
Support Levels: $0.045, $0.040
Stop-Loss: $0.038
Guncoin is showing decent short-term strength, but it’s approaching resistance levels. Monitor RSI and MACD for signs of exhaustion before entering. A tight stop-loss is essential.
