The chart you provided is for GUN/USDT on Binance , showing a significant price drop followed by a period of consolidation. Based on the visible trend, the price has recently approached a support level around 0.024 USD and appears to be testing it. If the support holds, the next move could be an upward bounce, potentially targeting the resistance near 0.0417 USD. However, if the support breaks, the price might decline further .This is a general observation based on the chart's pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.