I have analyzed $GUN for a short trade.

$GUN showed a strong bullish rally and is now facing sharp rejection from the local top. A strong bearish candle after the pump indicates heavy profit-taking and short-term exhaustion.

On the 1H timeframe, momentum has shifted bearish after failure to hold above the recent high zone. As long as price stays below the rejection area, further downside continuation is likely.

The current structure favors a short-term corrective move.

Short Bias: Below 0.0345

Entry Zone: 0.0335 – 0.0345

Targets:

TP1: 0.0325

TP2: 0.0315

TP3: 0.0300

GUNUSDT

Perp

0.02876

+1.12%

Strong reclaim and hold above 0.0360