🔻 $GUN / USDT SHORT | Rejection → Bearish Continuation
📍 Current Price: $0.02825 (-4.79%)
📊 24H Volume: 422.13M GUN / 11.16M USDT
$GUN faced a strong rejection at the $0.032 – $0.033 resistance zone after an intraday rally and is now in a bearish retracement. Price has broken below short-term support at $0.02850, confirming a short-term downtrend.
📌 Key Levels:
Resistance: $0.032 / $0.034
Support: $0.026 / $0.024
📉 Trade Plan (Short Bias):
Entry: Below $0.02825
Stop-Loss: $0.03050 (above resistance)
TP1: $0.02600
TP2: $0.02400
📉 Outlook:
Rejection at resistance + decreasing volume suggests buyers are losing control. As long as price stays below resistance, downside continuation remains favored.
Trade with confirmation. Manage risk strictly. 💡
GUN
0.0284
+23.58%