$GUN breaks the downtrend, momentum has changed.
After many months of compression in the descending channel, $GUN has officially broken out.
This is the first time a clear structure has changed since the long-term downtrend began.
The downtrend channel has been invalidated.
Momentum has shifted from distribution to expansion.
This breakout indicates the potential for a trend reversal, not just a dead cat bounce.
If the uptrend continues, a 200-300% increase from the bottom is entirely possible in the next wave.
Always remember, confirmation is more important than prediction.
Let the market prove it.
