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The gaming token GUN on the Avalanche chain has been interesting lately—it surged 20% within 24 hours, breaking through the downtrend channel that started in early July. The current trading price is $0.02365, with trading volume soaring by 58.48%.
From a technical perspective, this token has shown strong momentum across multiple timeframes. On the hourly chart, it has already broken above the 100-day moving average, with support firmly held between $0.01110 and $0.01215. If the momentum continues, it may test the resistance levels above. How far this rally can go will depend on whether the trading volume can be sustained.