💥 $GNS
USDT BEARISH MOVE EXPECTED AS PRICE FAILS TO HOLD ABOVE SUPPORT! 💥
The $GNSUSDT pair is currently trading at 1.858, showing a weakening structure after repeated rejections from the higher levels. The recent candle formations indicate selling pressure as the price failed to sustain above 1.900 resistance and is now hovering near local support.
🔑 Key Levels:
Resistance: 1.900 – 1.950
Support: 1.814 (24h Low) and psychological support at 1.800
Current Price: 1.858
📉 Trade Setup (Short Entry):
Entry Zone: 1.860 – 1.880
Targets (TP):
TP1: 1.830
TP2: 1.800
Stop Loss (SL): 1.910
📊 Market Outlook: The market structure remains bearish below 1.900 resistance with lower highs forming on the hourly chart. If selling volume continues, the pair may test 1.800 support zone soon. A break below 1.800 could trigger further downside momentum.
⚠️ Risk Management: Risk only 1-2% per trade and adjust position sizing to your capital plan. Stick to SL without emotions to avoid unnecessary drawdown.
buy and trade here on $GNS
✅ Trade smart, stay disciplined, and follow your plan!
#GNS #CryptoAnalysis #BearishSetup #TradingStrategy #RiskManagement
buy and trade here on $GNS