$GUN /USDT is quietly sitting at a critical spot and the chart is tighter than it looks.
Price is hovering around 0.01207 after sweeping the intraday low near 0.01198. That dip grabbed liquidity and price reacted slightly, but the recovery is still cautious. No aggression from buyers yet.
On the 15m timeframe, price is below MA25 and MA99, keeping short-term structure weak. MA7 is curling down, showing momentum still favors sellers. The earlier spike toward 0.01249 was fully rejected, confirming strong supply overhead.
Volume expanded during the drop and has since faded, suggesting selling pressure is slowing, not reversing. This often leads to a short consolidation before the next decision.
Key levels in focus: Support: 0.01198 then 0.01195
Immediate resistance: 0.01218
Major resistance: 0.01229 to 0.01252
If 0.01198 holds, a slow bounce toward 0.01218–0.01229 is possible. A clean break below support would put downside continuation back on the table.
This is a patience zone. Let price prove strength before expecting anything more than a relief move...
