$GUN is currently trading around 0.01115 USDT, showing a +3.43% move over the last 24 hours. After a sharp upside push toward 0.01145, price faced rejection and entered a controlled pullback, which is now slowing down near intraday support.
On the 1H structure, we can observe:
A strong impulsive move followed by a deep but orderly retracement
Price finding support around 0.01110 – 0.01115
Selling pressure weakening compared to the initial drop
Small-bodied candles suggesting stabilization rather than continuation down
This points toward a potential relief bounce or range rotation, provided support holds.
Trade Setup
Entry Zone:
0.01110 – 0.01118
Target 1:
0.01145 (first resistance / prior bounce zone)
Target 2:
0.01175 (range high retest)
Target 3:
0.01210 (extension if momentum flips bullish)
Stop Loss:
0.01095 (below support and invalidation level)
Market Outlook
As long as price holds above 0.01100, GUN remains in a recovery-ready structure. A clean reclaim of 0.01145 with volume would confirm bullish continuation and open the path toward higher resistance levels. Failure to hold the current base would likely lead to another liquidity sweep toward lower support.
#StrategyBTCPurchase #USJobsData
