$GUN USDT PERP 15M UPDATE
$GUN is trading near 0.01715 after a strong selloff from the 0.0221 high, keeping the short-term structure firmly bearish. Price remains below EMA 7 at 0.01758, EMA 25 at 0.01872, and EMA 99 at 0.02038, showing sellers are still in full control and every bounce is getting sold.
The recent low around 0.01683 is acting as the key demand zone. Price attempted a weak bounce but failed to reclaim short-term EMAs, signaling exhaustion rather than reversal. MACD remains in negative territory with red histogram printing, although selling pressure is slowly easing, hinting at possible consolidation before the next move.
Immediate resistance is stacked at 0.0177 and then 0.0189. A strong reclaim above 0.019 is needed to shift momentum and open a recovery toward 0.0208. On the downside, a clean break below 0.0168 can accelerate the drop toward 0.0160 and 0.0152.
Trend remains bearish with high volatility. This zone is dangerous for late entries as expansion can happen quickly. Discipline and risk control are key while the market decides the next leg.
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