The market snapped as $GUN took a sharp hit with a $1.4258K long liquidation at $0.0278, sending an immediate tremor through active positions. Longs that were expecting continuation suddenly found themselves trapped as price dipped, triggering a wave of cascading stop-losses. The reaction was swift—sell pressure accelerated, candles printed fast and heavy, and volume spiked as forced liquidations added fuel to the drop.
Every tick reflected tension in the order book, with panic-driven exits colliding against opportunistic dip buyers stepping in cautiously. It was a textbook long squeeze—quick, unforgiving, and decisive—resetting short-term momentum within minutes. Traders quickly began recalibrating entry zones, tightening risk parameters, and reassessing targets as volatility expanded.
Now #GUN sits at a critical short-term level, price pulsing with residual pressure from the liquidation flush. The shakeout cleared weaker hands, but uncertainty lingers as the market searches for stability. This wasn’t just routine noise—it was a sharp volatility spike that shifted sentiment fast, leaving traders alert and ready for the next decisive move.
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