🔴 SHORT $GUN — Exhaustion Loading

The pump is overextended. Sellers are stepping in.

$GUN rallied from 0.00309 to 0.00347 — a 12% move. RSI hit 73 — overbought territory. Now price is rejecting from 0.00347 and pulling back. Volume on the drop is increasing.

EMA20 at 0.00339, EMA50 at 0.00333 — both sloping up. But momentum is slowing down. Profit-taking is likely.

I'm going short from here.

Entry: 0.003430 – 0.003435
SL: 0.003485

🎯 TP1: 0.003390
🎯 TP2: 0.003360
🎯 TP3: 0.003320
$GUN

Setup fails if price closes above 0.003460 on the 15m.

Big pumps often end the same way — not with a crash, but with a slow fade.

DYOR. Not financial advice.
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