🔥 $GUN
JUST FIRED… AND MISSED THE TARGET 🔥
$GUN ran straight into a brick wall at the local top — and the chart is now telling a very different story.
After tapping the $0.036 resistance, price got violently rejected. Momentum flipped fast:
Broke below the 10 & 20 MAs
Bearish MACD crossover on 4H
RSI(6) cooled off from extreme overbought levels
That’s not profit-taking… that’s distribution.
📉 SHORT SETUP — $GUN
Entry: 0.0272 – 0.0285
Stop Loss: 0.0315 (structure invalidation)
TP1: 0.0245
TP2: 0.0210
This pullback isn’t random. Structure favors a deeper correction toward:
MA(50) around $0.0259
Prior demand zone below
As long as $GUN stays under the broken MAs, sellers remain in control. Let the chart do the talking — patience pays, discipline wins.
🎯 Trade smart. Manage risk. Let momentum work for you.
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