$GPS USDT – EARLY REVERSAL SIGNAL? WATCH THE BOUNCE!

STRONG WICK FROM SUPPORT

BUYING INTEREST EMERGING NEAR $0.02230

$GPS just printed a long lower wick on the 4H chart, bouncing from a fresh low of $0.02230 after a prolonged downtrend. This price action suggests potential seller exhaustion, with a bullish recovery candle now forming.

Volume is starting to build up, indicating early accumulation. If the price can reclaim the $0.02350 zone, it could confirm a short-term trend reversal and open the door for a stronger recovery move.

Trade Setup (Reversal Play):

Long Entry: $0.02300 – $0.02320

Stop Loss (SL): $0.02210

Target 1 (TP1): $0.02370

Target 2 (TP2): $0.02460

Target 3 (TP3): $0.02540

Risk-reward favors early entry with a tight stop. Watch for confirmation via bullish follow-up candle and rising volume.

Latest Price: $0.02303 (–1.16%)

Outlook: Potential reversal zone, bullish bias above $0.02250

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