GUNZ (GUN) Bearish Price Structure, Support and Resistance

GUN market structure, key levels, and derivatives interpreted from closed daily data, and explaining its behavior relative to the broader crypto market.

As of 2026-05-29 | Symbol GUN | Last closed price 0.00723
Last closed price
0.00723
Closed daily candle only, no live price.
365 day range
0.00661 to 0.04664
Based on the last 365 closed daily candles.
Key levels (55D)
0.00717 / 0.03232
Support is lower, resistance is upper.

Price Position and Structural State

GUNZ (GUN) closed at 0.00723 USDT on May 29, 2026, down 10.19%. The asset now sits in a bearish structure. Price entered this structure after closing below 55-day support at 0.01271 USDT on May 22, 2026. Current 55-day support is near 0.00717 USDT, with resistance near 0.03232 USDT. A daily close above MA14 at 0.011359 USDT would weaken the regime and shift price back into sideways.

Breakdown Context: 140-Session Support Pressure

GUNZ spent about 140 sessions consolidating above the 0.01271 USDT support level before a breakdown closed below it. This confirmed the bearish structural transition. The major compression period shows sustained pressure at the support level, where repeated attempts to hold failed until sellers took control and pushed the price lower.

Moving Averages and Trend Context

GUN is trading below all key moving averages. MA9 at 0.010314 USDT stands as the first moving-average resistance area to watch. The more notable signal is downside extension: GUN sits 58.53% below MA100, outside its historical distance range of -54.37% to 113.06%. Price has moved beyond its normal moving-average relationship to the downside, which raises mean-reversion risk even within a weak structure.

Trading Friction and Price Efficiency

GUN shows low trading friction, with a 3-day friction score of 67.6. The score combines price progress, wick rejection, and volume confirmation. Recent candles show cleaner acceptance, with cleaner price progress and lighter wick rejection. This gives moves near support or resistance more weight, especially when price closes cleanly.

Open Interest, Funding, and Positioning

Open interest fell -4.00% in one day and remains near the lower side of its 90-day range. This shows participation is weak and exposure is still being reduced.

Funding is negative on the 24-hour average at -0.016532%, with the 7-day average also negative at -0.026335%. This shows sustained short-side cost pressure across both short and medium windows.

The long/short ratio is 0.97, showing near balance between long and short accounts. It sits near the middle of its 60-day range, so account-side positioning looks balanced.

Correlation, Beta, and Index Relationship

GUN shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.

Correlation, Beta, and R² by Window
Relationship metrics compare this asset with the Sigloid Index across closed daily data windows.
WindowCorrelationBetaRead
30D0.5271.8770.278Moderate linkage
60D0.1920.810.037Weak linkage
180D0.2030.6080.041Weak linkage

Momentum, Volatility, and Indicator Pressure

GUN is trading with expanding volatility. ATR% reads 17.46, near the upper side of its 30-day range, and Bollinger Band width% reads 77.22, above its 60-day range. 20-day Volume Z-score is 1.76, showing strong above-normal participation. Range movement, volatility structure, and participation are working together.

Momentum is weaker. RSI is 21.07, ROC14 is -49.19%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.

The read is cautious: downside momentum is active, but volatility and participation do not confirm a strong break yet.

Broader Market Regime

The Sigloid Index remains in a sideways regime, showing no clear broad market direction. GUN has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.

Key Levels for the Next State Change

For GUN, the next structural shift depends on key levels. Staying below MA14 at 0.011359 USDT keeps the current trend intact. A daily close above MA14 would weaken the structure and push price back into a range, while a confirmed break above 55-day resistance at 0.03232 USDT would establish a bullish regime.

GUNZ (GUN) Historical Chart and Market Context

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Chart Description

The GUNZ (GUN) chart includes historical daily price data, RSI, MACD, moving averages, distance from key moving averages, ATR%, Bollinger Band width%, volume, open interest, funding, and long/short positioning. It also adds structural and statistical context, including 55-day price range position and historical range positioning for ATR%, Bollinger Band width%, open interest, and long/short ratio across 30-day, 60-day, 90-day, 180-day, and full-history windows. In addition, it provides multi-timeframe rolling correlation, beta, and R² versus the Sigloid Index, Bitcoin, and Ethereum, helping evaluate trend structure, volatility conditions, derivatives positioning, and broader market relationships in a single research view.

Research FAQ

Frequently Asked Questions

Short answers based on closed daily structure, volatility, derivatives, and Bitcoin relationship data.

What is the current market structure for GUN?+

GUN is currently in a bearish structure based on closed daily data. Sigloid treats this as a breakdown below the prior 55-day range until price reclaims structure.

What are the key support and resistance levels for GUN?+

GUN's nearest resistance is MA9 near 0.010314 USDT. Price has already moved beyond its historical downside extension from key moving averages, so Sigloid does not assign a fixed support level here. The cleaner read is downside price discovery with elevated extension risk.

What would change the current GUN structure?+

The bearish structure would weaken if GUN reclaims its key moving-average base or closes back inside the prior range. A stronger bullish shift would need a close above 55-day resistance near 0.03232 USDT.

What do momentum and volatility show for GUN?+

GUN's momentum is mixed. RSI reads 21.07, ROC14 is -49.19%, while ATR% and Bollinger Band width% show the current volatility backdrop.

What do open interest and long/short positioning show for GUN?+

Open interest and positioning show balanced participation. OI changed -4.00% over one day, while the long/short ratio reads 0.97.

How correlated is GUN with Bitcoin?+

GUN currently shows moderate linkage with Bitcoin on the 30-day window. Correlation is 0.53, beta is 2.26, and R² is 0.28.

Is Sigloid's GUN analysis based on live price?+

No. Sigloid's daily GUN analysis uses closed daily market data, not live intraday price. Live structure changes are tracked separately on the Live Events page.

Data notes

Data source: Binance futures market data. Indicators use closed daily candles only.

Disclaimer: Research context only. Not financial advice. No prediction. Crypto markets are risky.