GUN/USDT Short Setup: Rejection at Major Daily Resistance! 📉⚡

🔹 Entry: $0.02820 - $0.02900

🎯 Target 1: $0.02700 (Safe Profit)

🎯 Target 2: $0.02620

🎯 Target 3: $0.02550

🛑 Stop Loss: $0.03050

Technical Analysis:

GUN is currently facing a strong rejection at the $0.0294 major resistance zone on the daily timeframe. After a massive +36% pump, the price is showing signs of exhaustion near the previous local high, forming a potential "Double Top" structure.

Key Observations:

1. Daily Resistance: The $0.0294 area has acted as a solid wall twice now.

2. Profit Taking: Since it's a top gainer, we expect a healthy correction as traders lock in their gains.

3. Outlook: I am looking for a quick scalp toward the $0.026 - $0.027 support levels.

Caution: Shorting a strong gainer is high risk. Always manage your leverage and use a strict stop-loss! 🏹💎

#GUN #ShortSetup #BinanceSquare