š“$GUN
BEARISH TECHNICAL ANALYSIS
$GUN is showing bearish pressure after a strong rally as price struggles to sustain above the 0.01888 resistance zone. The formation of a lower-high structure signals weakening buyer strength, suggesting sellers may push price toward key support levels.
Bearish Highlights:
ā¢ Rejection from 0.01888 resistance zone
ā¢ Lower-high formation signaling bearish momentum
ā¢ Momentum fading after recent sharp rally
ā¢ Price testing mid-range support levels
POTENTIAL TARGETS (TP):
ā¢ TP1: 0.01710
ā¢ TP2: 0.01600
ā¢ TP3: 0.01465 major support
STOP LOSS (SL):
ā¢ Above the recent lower high / resistance zone
RISK MANAGEMENT:
Risk only 1ā2% per trade, maintain strict stop-loss discipline, and avoid oversized positions during volatile conditions.