$GUN gave a perfect breakdown, but look closely at the recovery, fam. Breakdown played out exactly as planned liquidity taken, stops cleared. Now we’re seeing a reaction bounce from the lower zone, which is normal after such a clean dump. Let the market show its hand patience > impulse. Structure first, Then execution.
The recent flush in $GUN (GUNZ) was a textbook liquidity hunt. After losing the critical $0.0238 support (the 30-day SMA), the price dove to clear out leveraged longs and trap late sellers. We are now seeing a relief bounce from the $0.021 demand zone, but don't mistake this for a trend reversal just yet.
On the 4-hour chart, the RSI is climbing out of oversold territory, suggesting a "dead cat bounce" toward the $0.026 resistance. This area now acts as a massive supply wall where previous support has flipped to resistance. With the US government shutdown and SEC "data blackout" limiting official market signals, price action remains highly sensitive to whale movements. Watch for a rejection at $0.026 to confirm a lower high; if we can't reclaim that level on high volume, the "liquidity vacuum" down to the $0.018 historical floor is the next logical target. Wait for the 1-hour candle to close above the EMA 50 before looking for long entries.
Stay disciplined. The market pays the patient.