Observing the performance of $GUN/USDT on the 4-hour chart, the price repeatedly tests the upper resistance around 0.0222-0.0226, but each time fails to break through effectively. This detail is very important — trading volume is shrinking simultaneously, indicating that the bulls clearly lack the momentum to push higher at this level.

Looking at the order book distribution, the density of short orders in the 0.0222-0.0226 range is quite high, forming a relatively clear resistance structure. Based on this assessment, a short-term pullback and short position could be a good strategy.

In terms of operation, you can gradually enter short positions within the 0.02220-0.02260 range. If the market rebounds to test the resistance again, consider adding to your position around 0.02290-0.02330. Setting a stop loss at 0.02385 is more prudent, as this is a previous high on the daily chart; breaking it indicates a need to adjust your outlook.

For downside targets, initially watch the 0.02160 support level. If the price continues to decline, it may head toward 0.02070, and further down to 0.01985. However, trading should be flexible and aligned with your risk management system, and volatility management should not be overlooked. This analysis is based on current technical conditions; specific operations depend on your own risk tolerance.