$GUN Update: Massive Breakout or Time for a Pullback?
($GUN) has just witnessed a massive parabolic move, surging over 27% in the last 24 hours and hitting a high of $0.02900. The price is currently trading well above the 1H SuperTrend support at $0.02277, but the RSI(6) is showing signs of being overbought at 77.43, suggesting a potential short-term cooling-off period.
🎯 Trade Setup
EP (Entry): $0.02450 – $0.02580
TP (Targets)
TP1: $0.02850
TP2: $0.03050
TP3: $0.03300
SL (Stop Loss): $0.02200
The previous consolidation zone near $0.02200 has now flipped into a major support area, reinforced by the rising SuperTrend line. Liquidity has been cleared above $0.02800, and a healthy retest of the $0.02500 level would be ideal to build fresh momentum for the next leg up.
Do you think ($GUN) will continue its moon mission, or are we due for a deep retest of the support?
Watching this level closely.
#GUN #TechnicalAnalysis #cryptotrading #BinanceSquare #altcoins
