📊 $GUN /USDT | 1H Post-Spike Structure
GUN is trading around 0.0294, up +11.6%, after a strong impulse that peaked near 0.0364. Price is now pulling back and testing key moving averages — a critical short-term zone.
🔍 Technical Observations:
Strong breakout from 0.021–0.022 base
Current pullback testing MA(25) → trend decision area
MA(99) near 0.0245 remains strong higher-timeframe support
Volume has declined after the spike → selling pressure easing
📌 Key Levels to Watch:
Resistance: 0.0305 – 0.0320
Major Resistance: 0.0340 – 0.0365
Support: 0.0290 – 0.0280
Strong Support: 0.0255 – 0.0245
📈 Bullish Scenario:
Holding above 0.028–0.029 and reclaiming 0.031 could set up a move toward 0.034+.
📉 Bearish Scenario:
A breakdown below 0.028 may lead to a deeper retrace toward 0.026–0.025, still within a healthy structure.
⚠️ Reminder: Post-spike pullbacks are normal. Let price confirm before taking high-risk entries.
💬 Are you looking for a bounce here or waiting for deeper support?
#GUNUSDT #Altcoins #Perpetuals #CryptoTA #BinanceSquare $GUN
