$GUN — sharp selloff into demand, downside momentum fading
$GUN dropped over 11% in one leg and is now trading inside a prior demand zone where buyers previously defended. The selloff lost follow-through, and recent candles show smaller bodies and rejection wicks — a sign that selling pressure is weakening and absorption is happening.
As long as 0.025 holds, structure favors a corrective bounce back into the previous range.
📈 LONG $GUN
Entry: 0.0268 – 0.0276
SL: 0.0249
TP1: 0.0305
TP2: 0.0338
This is a structure + momentum exhaustion setup — not blind catching. 📊