$GUN – Bounce into Resistance Showing Signs of Stalling.
Trading Plan: Short $GUN (Max 10x)
Entry Zone: 0.0216 – 0.0228
Stop Loss: 0.0241
Take Profit Levels:
• TP1: 0.0205
• TP2: 0.0190
• TP3: 0.0175
Price has retraced higher into the resistance zone but the bounce lacks conviction.
Instead of a strong breakout, we’re seeing hesitation and weakening follow-through on the upside.
When price retests resistance without fresh momentum, it frequently leads to rejection as sellers regain control and push the price lower.
Considering a short position here with strict risk management.
Trade $GUN cautiously.
Trading Plan: Short $GUN (Max 10x)
Entry Zone: 0.0216 – 0.0228
Stop Loss: 0.0241
Take Profit Levels:
• TP1: 0.0205
• TP2: 0.0190
• TP3: 0.0175
Price has retraced higher into the resistance zone but the bounce lacks conviction.
Instead of a strong breakout, we’re seeing hesitation and weakening follow-through on the upside.
When price retests resistance without fresh momentum, it frequently leads to rejection as sellers regain control and push the price lower.
Considering a short position here with strict risk management.
Trade $GUN cautiously.