$GPS – BEARS MAINTAIN PRESSURE BELOW $0.01625
$GPS is trading at $0.01606, down -4.97%, after a weak recovery from the $0.01481 low. Price is struggling to break above $0.01625 resistance, showing signs of exhaustion in the recent bounce. Sustained selling pressure could push the price back toward $0.01548 and $0.01510 support levels. A break below $0.01587 would likely trigger further downside momentum.
Short Entry Zone: $0.01605 – $0.01620
Stop Loss: Above $0.01635
Targets:
TP1: $0.01548
TP2: $0.01510
TP3: $0.01480
Failure to reclaim $0.01625 resistance could keep the bearish trend intact in the short term.