2026-01-09 16:23:51

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.

GUN-13,01%

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MEVictim

· 01-09 16:51

GUN is on the rise now, finally making a move... but how long the trading volume can sustain is really hard to say.

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gas_fee_therapist

· 01-09 16:50

GUN's recent move is indeed aggressive, but can the trading volume sustain it? Or is it just a fake volume pump?

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HypotheticalLiquidator

· 01-09 16:41

Trading volume surges by 58%? I feel like this is a fake breakout caused by funds pouring in. Once the trading volume shrinks, it immediately falls back... Wait, have you calculated what would happen if this wave retraces to the liquidation price of 0.01110? Who will catch the domino effect of chain liquidations? A 20% increase looks exciting, but I'm concerned about the health factor. What is the current lending rate... The volatility of these gaming tokens is inherently a systemic risk. Don't let leverage wipe out your principal.

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