$GUN "GUNUSDT – Short-Term Rebound or Dead Cat Bounce?"

GUNUSDT is currently attempting a minor rebound after dipping to 0.05754. On the 5-minute chart, a bullish crossover in the StochRSI and rising RSI(6) suggest early buying pressure. However, larger timeframes (1H–4H) still show a downward trend, with bearish EMA alignment and weak MACD momentum.

Key Levels:

Support: 0.0572 – 0.0575

Resistance: 0.0595 – 0.0602 (EMA zones)

Breakout Confirmation: Above 0.0605 with volume

Strategy Insight: This may be a short-term technical bounce. Unless price breaks and holds above 0.0605, the downtrend could resume. Ideal for scalpers, but trend traders should wait for a clearer reversal signal.

Trade safe and always manage your risk!