Here you have a technical analysis of GUN/USDT
Technical Analysis GUN/USDT (06-07-2025, 14:19 VET)
The current price of GUN is $0.04007, with an increase of 12.84% in the last 24 hours. The 24-hour volume of GUN is 466.17M, while the volume of USDT is 17.67M. The price has fluctuated between a high of $0.04226 and a low of $0.03448 in the last 24 hours.
Observing the 15-minute chart, the price has experienced a significant rebound from around $0.03531. It is currently consolidating below the recent high.
Moving Averages:
* MA(7): $0.04016 (slightly above the current price)
* MA(25): $0.03973 (below the current price)
* MA(99): $0.03668 (significantly below the current price)
The fact that the price is above the MA(25) and MA(99) is a bullish signal. However, being just below the MA(7) in the short term could indicate slight indecision or a possible minor correction.
Outlook:
* Bullish: The strong recent bullish momentum and the support of the slower moving averages suggest that buyers are in control. If the price manages to break and stay above the MA(7) and the level of $0.04016, it could aim to retest the high of $0.04226.
* Bearish: A correction is possible if the price cannot exceed the immediate resistance of the MA(7) and starts to fall below the MA(25) ($0.03973). In that case, the next important support would be around the MA(99) at $0.03668.
Conclusion:
The overall trend is bullish in the short and medium term, driven by the recent price increase and the positioning of the moving averages. However, current consolidation is observed. The key will be whether the price can maintain current levels and overcome immediate resistance to continue its ascent or if it will yield to a correction.#GUN $GUN $BTC $ETH
