GUN - -55.5% 24H Drop Amid Major Market Deterioration

GUN experienced a sharp decline of 55.5% within a 24-hour period as of AUG 31 2025, following a prolonged downturn in market confidence. The token has fallen 672.45% over the past week, 516.1% in the last month, and 2833.33% year-to-date. This sharp correction reflects broader selling pressure and a lack of short-term demand amid deteriorating technical indicators and bearish market sentiment. The token’s recent price action has drawn the attention of traders and analysts, who are closely monitoring further developments in the context of weak market fundamentals.

The technical outlook for GUN is highly bearish, with key indicators confirming the strength of the downward trend. The Relative Strength Index (RSI) has dipped below 30, signaling oversold conditions, while the Moving Average Convergence Divergence (MACD) remains in negative territory, reinforcing the bearish momentum. Additionally, the 50-day and 200-day moving averages are in a clear downward alignment, which often serves as a bearish confirmation for trend-following traders. The absence of a decisive reversal pattern or a sustained bounce above these critical moving averages suggests the decline may continue in the short term.