๐จ $GUN /TRY โ Reversal Brewing or Bull Trap Ahead? ๐ฅ
$GUN is currently trading at โบ1.532 after a drop of over 6%. With price nearing support levels and RSI showing strength, is this the calm before a reversalโor just a trap for bulls? Letโs analyze!
๐ Market Overview
๐ Current Price: โบ1.532
๐ 24h High: โบ1.643
โ๏ธ 24h Low: โบ1.398
๐ MA Levels:
MA(7): โบ1.518
MA(25): โบ1.522
MA(99): โบ1.770
๐ RSI(6): 63.32 (Still bullish, nearing overbought territory)
๐ Money Flow: -1.983 (Bearish divergence โ caution advised)
๐ GUN Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If GUN Holds Above โบ1.520):
Entry: Above โบ1.550
Targets: โบ1.643, โบ1.766, โบ1.880
Stop-Loss: โบ1.426
๐น Bearish Scenario (If GUN Breaks Below โบ1.426):
Entry: Below โบ1.426
Targets: โบ1.398, โบ1.320, โบ1.250
Stop-Loss: โบ1.550
๐ Hold or Fold?
โ RSI shows solid momentum with room for upside
โ MA(7) above MA(25) = short-term bullish confirmation
โ ๏ธ Negative Money Flow could signal a weak rally or sell-off
โ ๏ธ Volume confirmation will determine strength of next move
๐ก Pro Tip:
๐ Watch โบ1.550โif GUN breaks above with strong volume, โบ1.76+ is possible
๐ If it rejects at โบ1.550, expect more downsideโset your stops tight!
๐ข Are you stacking GUN or waiting it out? Letโs strategize in the comments!
๐ฅ LIKE & SHARE to stay sharp with more real-time crypto setups! ๐
