$GNS /USDT – BEARISH BREAKDOWN IN PLAY!
Gains Network ($GNS) is showing signs of weakness as the price struggles to hold support, currently trading at $1.868 (-2.10%). The chart suggests a bearish setup is unfolding.
KEY LEVELS:
Resistance Zones:
$1.916 – 24h High & Key rejection point
$1.880 – Minor resistance from intraday structure
Support Zones:
$1.825 – Immediate support (24h Low)
$1.800 – Psychological & structural support
$1.750 – Key swing low from previous consolidation
TRADE SETUP (SHORT):
🔸 Entry: $1.865–$1.875 (upon weak retest) 🔸 Stop Loss (SL): $1.918 (Above resistance & wick highs) 🔸 Take Profit (TP):
TP1: $1.825
TP2: $1.800
TP3: $1.750
Confirmation: Bearish 1H/4H candle close below $1.860 with low buying volume.
RISK MANAGEMENT:
Risk only 1–2% of your capital per trade
Use tight SL & move to breakeven after TP1 hits
Stick to plan — don’t chase the price!
Bear in mind: Volume is fading & momentum is cooling. A breakdown below $1.825 opens room to deeper drops! Stay sharp!
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