$GUN / In decline but accumulation area on the horizon
A chart reveals a clear downtrend structure from a significant high at 0.03831, followed by consistently lower highs and lows.
A recent attempt to reverse near 0.02870 failed, pushing the price into a potential accumulation area or crash zone.
Trade Setup:
• Entry Area: 0.02660 – 0.02700
• TP1: 0.02790
• TP2: 0.02950
• TP3: 0.03100
• SL: 0.02620
The downtrend for $GUN is still in effect, but a strong reaction from this support area could lead to a rebound. Ideal for short-term traders or those looking for low-value stocks.