$GUN experienced a long liquidation event, triggering a wave of forced selling as leveraged bullish positions were flushed from the market.

The sharp move lower has increased volatility and pushed price into an area where buyers may begin looking for value.

EP
0.00545 - 0.00565

TP
TP1 0.00590
TP2 0.00620
TP3 0.00660

SL
0.00525

Liquidity was swept below recent support levels, removing weak hands and resetting excessive leverage from the market.

The selloff appears largely driven by liquidation pressure, which often creates opportunities once the market stabilizes.

As long as buyers defend the current demand zone, the broader structure remains capable of producing a recovery toward higher resistance levels.

A reclaim of 0.00590 could signal renewed strength and open the path toward the next liquidity targets.

The leverage reset has cleared the market of excess risk, and traders will be watching closely for the next move in $GUN.

Let’s go $GUN ‌