🔻📉 GUN bearish rejection | Sellers are active at the peak | Weak market | Short bias ⚡🔥
🚨 GUN is currently showing a clear bearish behavior near the peak, with strong seller activity entering at resistance. After a recent upward push, the price failed to maintain higher levels and began to reject from a key supply area. This rejection indicates that sellers are defending the peak strongly, preventing further rises and shifting market momentum in their favor. As long as GUN remains below resistance, the structure leans towards continued downward pressure. 📉🔥
🌍 The broader market behavior supports this bearish trend. Assets like TAIKO, AUCTION, and RIVER are facing supply reactions near the peaks, while BOB and ROSE struggle to reclaim resistance. B2, BEAMX, and GPS show distribution characteristics, and BLUAI with ENSO fails to build strong follow-through. SOMI, FLUID, and KAIA are losing momentum, while G, FRAX, EUL, AXS, and SKR show early signs of continued bearishness or range collapses. ⚠️📉
📊 Technically, GUN displays a weak market structure, forming lower highs after being rejected from the peak. This price behavior often precedes a bearish continuation, especially when sellers aggressively intervene at resistance. Similar setups seen previously in LINK, DOT, and LTC led to sharp downward moves once support levels failed. This increases the likelihood of GUN continuing to decline in the short term. 💥📉
📉 Volume analysis further confirms seller dominance. Selling volumes rise near the peak, while buying volumes weaken at retracements, indicating distribution rather than accumulation. This same volume pattern appeared in PEPE, DOGE, and XRP before notable corrections, reinforcing GUN's bearish sentiment. 🔥📊
⚡ Any short-term bounce towards resistance is likely a selling opportunity at the rally, not a reversal. Buyers appear fatigued near the peaks, while sellers continuously defend the upper levels.
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