$GPS /USDT – BEARISH REVERSAL AFTER SPIKE
SHARP WICK REJECTION NEAR $0.033
HEAVY VOLUME FOLLOWED BY DUMP
PRICE RETESTING BREAKOUT ZONE
After a massive vertical spike to $0.0329, $GPS faced an immediate rejection with a strong upper wick and a red candle on high volume — signaling a possible bull trap. The current price is sliding back toward the $0.025 support zone.
🔴 Short Trade Setup
Entry Zone: $0.0275 – $0.0280
Take Profit: $0.0235
Stop Loss: $0.0305
📉 Market Outlook: A high-volume rejection after a vertical pump often leads to a correction. Bears are likely to dominate if price fails to reclaim $0.030.