$GUN is showing early signs of a market structure shift on the lower timeframes. After printing a series of lower highs and lower lows, the recent impulsive move has broken that pattern, establishing a higher high on the 4H chart.
The key area to watch is the reclaim of the 0.022–0.024 range. This zone previously acted as resistance and now serves as a potential value area. Acceptance above this range would suggest continuation toward 0.027–0.030.
On the downside, the 0.018 region remains the most important support. Losing that level would invalidate the bullish structure and likely lead to continuation of the broader downtrend visible on the daily.
For now, this looks like a potential range expansion scenario, but confirmation comes from holding higher lows. Let the market show acceptance before chasing.$GUN

GUN
0.01531
-4.43%