$GPS USDT BEARISH REVERSAL SETTING IN – WATCH FOR POTENTIAL DROP! 🔻
After a strong vertical rally that peaked near 0.0385, $GPS USDT has begun forming lower highs with weakening bullish momentum. Price is now consolidating below key resistance and has dropped below the 5-MA. RSI is cooling off near 39 and MACD is crossing down, signaling possible short-term downside.
📉 Trade Setup:
Entry (Short): 0.0335 – 0.0338
Stop Loss: 0.0360
Take Profit Targets:
➤ TP1: 0.0312
➤ TP2: 0.0290
➤ TP3: 0.0266
📊 Market Outlook:
Momentum has shifted to the downside after a parabolic move. Volume has dropped significantly, and bearish divergence appears on MACD. Unless bulls reclaim 0.036 resistance, GPSUSDT may continue retracing to retest lower demand zones.
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buy and trade here on $ gps