$GUN has been repeatedly testing the shallow bottom area recently. Currently, the price is hovering around 0.01240, just touching the 7-hour and 25-hour moving averages (at 0.01238 and 0.01240 respectively), but still being suppressed by the 99-hour moving average (at 0.01378). From the chart, the bulls and bears are still battling, showing a cautiously bullish stance.

If it can cleanly break through the key resistance zone of 0.0138 to 0.014, there is room for imagination—aiming upward toward the 0.016 to 0.02 range (the previously surged area), with a further reference point around 0.026, where the large upper shadow is located.

Looking downward, recent support is between 0.012 and 0.0115, with the low swing low at 0.01207 serving as a relatively strong support. However, there is a problem with trading volume—during the upward move, volume increased noticeably several times, but then it fell back to low levels with sideways consolidation, showing little heat. To continue the upward trend, sustained trading volume and a decisive breakout of the 099-hour moving average are necessary.