2026-01-08 03:22:01

GUN's performance in the past 24 hours has been quite impressive—an increase of 36.46%, with the price reaching 0.02156 USDT, and trading volume surging to $130.24 million. However, a closer look at the market data reveals some interesting points: open interest (OI) has only slightly increased to $562.6 million, a growth rate that clearly lags behind the price and volume movements.

This phenomenon of rising price and volume while open interest remains lagging is quite telling. What does it usually imply? It generally indicates that the rally is mainly driven by spot market activity, with futures market participants being relatively cautious. In other words, retail investors might be FOMO-buying, while large funds and professional traders are watching from the sidelines. This sets the stage for potential risks—there could be significant profit-taking pressure on the longs.

From a technical perspective, the key support level is at 0.01850 USDT (former high turned support), with the main resistance at 0.02480 USDT, which corresponds to the 0.618 Fibonacci retracement level on the daily chart. If the price drops to test 0.01850 and trading volume significantly diminishes, it might be a good opportunity to lightly position for a rebound. Conversely, a volume breakout above 0.02480 would increase the probability of a successful long entry on the right side.

Currently, chasing the high isn't very advisable, as the risk-reward ratio isn't ideal. The core of the market game is this—retail FOMO pushing prices up, while the main players remain on the sidelines. The high trading volume associated with a 36% increase and a very high turnover rate likely indicates early holders are taking profits. If the price cannot stay above 0.02200 in the next 24 hours and open interest begins to decline, there's a higher chance of a rapid retracement back to around 0.01600.

GUN itself is the governance and utility token of Gunstar Metaverse, a project integrating DeFi and NFT trading functionalities. It is a blockchain game asset issuance and liquidity protocol based on BSC. However, the project's fundamentals and short-term market trends are two different matters.

GUN-7,06%

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LiquidityWizard

· 01-09 11:35

yo, oi/volume divergence? that's literally textbook distribution pattern... statistically significant dump incoming if we don't hold 0.022 tbh

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New_Ser_Ngmi

· 01-08 15:48

Retail investors are the bagholders, the main players are laughing secretly It's the same old trick, volume and price don't match, should have exited long ago Chasing high at this position? Just feeding the fish Waiting for 0.0185 to test luck, currently jumping in purely for excitement If the main players are holding steady, what does that mean? Do they not have a plan? A 36% increase with such high trading volume, who is selling off? No need to ask If it can't hold above 0.022, it probably will collapse, get ready to cut losses See you at 0.016 tomorrow, everyone This is the final madness of FOMO

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NeverPresent

· 01-08 03:49

It's the same story again, retail investors getting played as bagholders --- 0.02480 can't break, so it has to pull back. If the main force isn't involved, there's no hope --- Oh my god, is this another dump wave... --- Holding positions without volume increase is very awkward --- 36% increase with such a high turnover rate, early investors are definitely selling out --- I'll wait until it tests 0.01850 before making a move --- Chasing highs is too risky, not worth it --- Entering now just means giving money to the main force --- Even with good fundamentals, it can't be saved in the short term

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JustHereForAirdrops

· 01-08 03:47

Retail investors are the bagholders, while the main players are just watching the show. This script is all too familiar. Is it time for another wave of FOMO harvesting? If it can't break through 0.024, it's time to run. This OI data, the big guys really haven't been involved much. Warning sign. A 36% increase with this trading volume feels like early players are starting to dump. I just want to know if it can hold at 0.022. If it can't, it's a warning of a sharp decline. With such weak holdings, I won't chase after a strong rise. Price-volume divergence, the probability of this not working out is quite high. Let's wait for the rebound.

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0xLuckbox

· 01-08 03:46

It's the same old trick again, the price and volume don't match, definitely a trap for retail investors to get caught holding the bag. Big funds are sleeping while we're pushing forward, hilarious. If 0.02200 can't be broken, get ready to run; this wave isn't worth it. OI only increased this much? Where did the main players go? This doesn't make sense. Early holders probably already sold out; we're the ones left holding the bag.

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LayerHopper

· 01-08 03:44

Retail investors are buying the dip again. This wave is really a game of hot potato. The main players not following suit already says a lot. Let's see who gets trapped. If 0.02200 can't hold, it's over—heading straight to 0.016. 130 million in trading volume with a 36% increase? Such a high turnover rate definitely means someone is offloading. Spot traders are celebrating, while futures are watching coldly—this market pattern is obvious at a glance. Chasers, get ready to get cut. I'll just watch.

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BearMarketBarber

· 01-08 03:33

Retail investors are FOMO again, while the main players are still munching popcorn. --- A 36% increase with a trading volume of 130 million, but the holdings only rose this much. Brother, you're just showing off without any real progress. --- Buy at 0.0185 on the rebound if you're optimistic. Why chase the high now? What's the point? --- This wave is definitely early holders offloading, the turnover rate is skyrocketing, brother. --- Price and volume are not matching. The open interest can't keep up, which is a warning sign. Be cautious of the upcoming pullback. --- If it can't hold at 0.022, it will directly drop to 0.016. Do you want to gamble? --- Main players are watching retail investors FOMO. I've seen this script too many times.

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