GUNZ Trading on Binance: Important Levels and Forecast
Date: 2025-04-02 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Binance added GUNZ (GUN) to its list of tradable assets on Tuesday, marking a major milestone for the Web3, DeFi, and AI-focused project. The platform operates on the Sui and MOVE ecosystems, and the listing on Binance follows an active campaign on Binance Launchpool.
Launchpool saw over 1.7 million users participate, investing over $15.8 billion to create the first GUNZ tokens. This was the highest amount of GUNZ tokens for Launchpool in seven months. The official listing of GUNZ demonstrates strong investor interest and opens the door for further distribution of the token on the Binance platform.
How Users Can Trade GUNZ on Binance
GUNZ is currently available for trading on several Binance platforms. Investors can buy and sell the token through Binance Spot, as well as use Binance Convert with no fees. Additionally, GUNZ can be purchased via Visa, Mastercard, Google Pay, and Apple Pay.
Since March 31, Binance Simple Earn has offered flexible GUN savings products, and since April 1, Binance Auto-Invest has implemented automatic GUN purchases on a regular basis. GUNZ will soon be available for margin trading as well, starting March 31, when Binance Margin added the token to its list of available assets for leveraged trading (including GUN/USDT pairs). Since April 1, Binance Futures has also launched a GUN/USDT perpetual contract with up to 75x leverage, with funding fees calculated every four hours.
These multiple trading options reflect Binance’s commitment to making new tokens like GUNZ accessible to a wider audience and a variety of trading strategies.
Market Reaction to GUNZ Listing
Despite strong interest in Launchpool, GUNZ has seen a sharp price drop since spot trading began. In the last 24 hours (as of April 1), the price has dropped by 22.17%, reaching around $0.07537.
After the listing, the token initially showed a strong rise, reaching a peak of around $0.09733. This indicates that active demand was matched by supply, but the price soon encountered resistance and began to decline.
Key Support and Resistance Levels
Analysis of the current price action points to important technical support and resistance levels. The token recently showed a rebound near the high of $0.097, indicating strong resistance at this level. The psychological level of $0.090 also remains a significant resistance zone.
In terms of support, the $0.074–$0.075 range is an area that traders should keep a close eye on ahead of April 2. If the downtrend continues and GUNZ falls below this range, the critical support zone will be $0.070. Such round numbers often attract the attention of market participants.
GUNZ Price Prediction for April 2
Predictions point to a potential support level of $0.074. If the token manages to stay above this zone until April 1, there is a possibility of a technical rebound to the resistance levels of $0.080-$0.090 by April 2.
However, if the price falls below the critical $0.070 mark, this may mean a further decline in the token value in the short term. Despite the decline, it is worth noting that GUNZ trading volume has increased sharply over the past 24 hours, exceeding 13,000%, which demonstrates high interest from the market.
