$GUN / USDT – Bullish Reversal Attempt, Testing Key Resistance🧐

$GUN is currently trading at $0.06110, showing a significant recovery after the previous sharp downtrend. The price is now testing the resistance level around the recent high of $0.06200. A break above this point could signal a stronger bullish reversal.

Trade Setup (Breakout Watch):

Potential Support Zone: $0.06000 - $0.06050

Key Resistance: $0.06200 - $0.06250

Bullish Scenario:

Entry (Long): Break above $0.06250 with significant volume

Target 1: $0.06400

Target 2: $0.06600+

Stop Loss (Long): Below $0.05950

Bearish Scenario:

Entry (Short): Rejection at $0.06200 with increasing selling volume, break below $0.06000

Target 1: $0.05850

Target 2: $0.05700

Stop Loss (Short): Above $0.06250

GUN/USDT is showing signs of a potential bullish reversal after a strong decline. Keep a close eye on the $0.06200 - $0.06250 resistance zone. A strong break above this level could confirm further upside. Conversely, a rejection here could lead to a continuation of the downtrend. Monitor volume for confirmation of either scenario.

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