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Summary
• Price surged from $1.441e-05 to $1.522e-05 before consolidating.
• Volume spiked during rally, confirming strength in $1.51e-05–$1.522e-05 range.
• RSI near overbought level, with price forming a potential bearish top.
GUNZ/BNB (GUNBNB) opened at $1.441e-05 at 12:00 ET–1 and closed at $1.471e-05 by 12:00 ET, reaching a high of $1.522e-05 and a low of $1.441e-05. The 24-hour trading volume totaled 1,092,454.0, with a notional turnover of approximately $16.50 (calculated using volume and average price).
The past 24 hours show a strong upward move followed by a sharp correction. Price initially surged from $1.441e-05 to $1.522e-05 between 19:00 and 20:30 ET–1, forming a bullish flag pattern. The 20-period and 50-period moving averages on the 15-minute chart both crossed above the price, reinforcing the bullish
. However, a bearish reversal began forming after the 20:30 ET–1 high, with price closing below the 50-period MA, suggesting potential near-term consolidation or a pullback.On the 15-minute MACD, the histogram has been positive but started to contract after the 20:30 ET–1 peak, indicating weakening bullish momentum. RSI reached 78, suggesting the pair may be entering overbought territory. Price remains above the upper Bollinger Band, indicating high volatility and a strong move away from the mean. Volume remains elevated, particularly during the rally phase, but has declined during the recent pullback, which could signal a lack of follow-through buying pressure.
Fibonacci retracement levels applied to the key $1.441e-05–$1.522e-05 move indicate 61.8% retracement around $1.471e-05, where the current close aligns. This level could serve as a short-term support. A break below $1.471e-05 might bring 50% retracement at $1.475e-05 into focus.

The RSI and MACD readings align with the backtest hypothesis, where a buy on overbought RSI and sell the next day led to mixed, largely negative outcomes. This highlights the challenges of relying solely on short-term overbought conditions in a high-volatility, low-liquidity asset like GUNZ/BNB. The price action over the past 24 hours reflects similar dynamics — strong but unsustainable momentum — supporting the backtest's conclusion that this approach is not reliable.
The next 24 hours could see a test of $1.471e-05 support, with a potential retest of $1.477e-05–$1.48e-05 as resistance. Traders should remain cautious, particularly if RSI remains in overbought territory with no strong volume confirmation.
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