🚨 $GPS Breakdown Brewing? Bears Eye Key Reversal Zone! 🔻
$GPS just soared +26% to a local high of 0.0385, but that party may be over. Price action is now stalling near the 0.034–0.035 pivot — signs of exhaustion are flashing red. Volume surged, but follow-through is fizzling. A textbook fade setup could be forming.
📉 Short Setup Idea
Entry Zone: 0.0345 – 0.0368
TP1: 0.0312
TP2: 0.0290
TP3: 0.0265
Stop Loss: 0.0393
🔍 Key Technical Zones
Resistance: 0.0385 / 0.0400
Support: 0.0312 / 0.0265
Pivot: 0.0340
We're watching for a retest of 0.035 with weak momentum or a double top setup. A fading RSI on 15–30min could seal the case for the bears. No need to chase — let it come to you. 🎯
💬 What’s your take on this setup? Drop your thoughts in the comments! Let’s build experience together.
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