$GPS /USDT SHORT TRADE SETUP BEARISH PRESSURE BUILDING 💯 🔥
Current Price: 0.01283
Market Structure: Clear downtrend with strong red candles, rejection near resistance, and consistent lower highs forming.
ENTRY LEVEL
Enter short between 0.01290 – 0.01310 after a minor pullback.
STOP LOSS
Place stop loss above 0.01340 to protect against false breakouts.
TARGET POINTS
TP1: 0.01250
TP2: 0.01220
TP3: 0.01200
TRADE ANALYSIS
GPS has broken key intraday support with sellers showing control. The market structure confirms weakness as recovery attempts are being rejected quickly. A retracement toward the entry zone could provide a favorable short opportunity. Watch for rejection candles near 0.01300 to confirm bearish continuation.