$GUN Rejection at MA(25) – Confirmation of the Lower Peak
Failed to stay above $0.025
Selling pressure is increasing below the trendline
It had a strong rise but quickly retraced from $0.02538.
It now faces resistance from MA(25), and the recovery seems weak and susceptible to further declines.
🔴 Setting Up a Sell Trade:
Entry Area: $0.02390 – $0.02410
Take Profit (TP): $0.02320
Stop Loss (SL): $0.02435
Market Outlook:
Unless the bulls regain MA(25) with strong momentum, this remains a classic bearish test setup with room for further declines.
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