$GPS /USDT – BEARISH REVERSAL ON THE HORIZON 🚨📉

🔍 Technical Analysis Overview:

The recent rally in $GPS/USDT appears to be losing steam as price action shows signs of rejection near key resistance zones. With a strong wick at $0.0280 and declining momentum, a bearish retracement could be underway.

📊 Current Price: $0.0269

📈 Resistance Levels:

$0.0280 – Major rejection zone

$0.0275 – Minor intraday resistance

📉 Support Levels:

$0.0262 – Key short-term support

$0.0252 – Strong demand zone and 24h low

🔥 Trade Setup – SHORT POSITION IDEA:

📍 Entry: $0.0268 – $0.0270

🎯 Targets (TP):

TP1: $0.0262

TP2: $0.0255

TP3: $0.0252

🛡️ Stop Loss (SL): $0.0281 – Above recent high wick

📉 Risk Management Tip: Use 2-3% max of your capital per trade. Stick to the plan: no SL = no trade. Let the trend work in your favor. Risk small, trade smart! 🧠💼

🔔 Watch closely for a break below $0.0265 for confirmation!

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