$GPS /USDT ā BEARISH BREAKDOWN IN PLAY ššØ
The $GPS/USDT pair is showing bearish momentum as the price fails to hold above key support levels and continues trending downward. With a -4.64% daily decline, traders should stay alert for further downside potential. ā ļø
š Current Price: $0.0226
š 24h Range: $0.0219 ā $0.0238
š Trend Bias: Bearish
š KEY LEVELS:
š» Resistance Zones:
$0.0240 ā Minor resistance
$0.0260 ā Major resistance / Breakdown level
š Support Zones:
$0.0220 ā Near-term support
$0.0205 ā Critical support
$0.0190 ā Breakdown target
$0.0178 ā Final defensive zone
šÆ TRADE SETUP: SHORT POSITION
š¼ Entry: $0.0225 ā $0.0230 (on minor bounce/weak retest)
šÆ Targets (TP):
TP1: $0.0205
TP2: $0.0190
TP3: $0.0178
š Stop Loss (SL): $0.0242 ā Above resistance zone
š”ļø RISK MANAGEMENT:
ā Risk only 1ā2% of your capital per trade.
ā Stick to SL strictly ā bear trends can trap hopeful buyers.
ā Use trailing SL if deep into profits for dynamic protection.
š Stay sharp, bears are in control ā ride the trend, not your emotions! š£š»
#PowellRemarks #CryptoStocks #MyTradingStyle #GENIUSActPass #Write2Earn $GPS