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.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.527 | 1.877 | 0.278 | Moderate linkage |
| 60D | 0.192 | 0.81 | 0.037 | Weak linkage |
| 180D | 0.203 | 0.608 | 0.041 | Weak 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.