$GPS Short ๐
GPS has moved very fast, jumping around 44% in 24H with a huge rise in volume. After such a sharp move, Iโd be careful about chasing the price.
For a short setup, Iโd wait for a clear rejection around $0.018โ$0.020. If buyers lose the $0.014 area, the pullback could become deeper.
If GPS breaks higher with strong volume, Iโd forget the short idea.
My view: Short only after clear weakness โ patience is better than chasing.
โ ๏ธ High volatility. This is not financial advice.
#GPS #Crypto #Trading
GPS has moved very fast, jumping around 44% in 24H with a huge rise in volume. After such a sharp move, Iโd be careful about chasing the price.
For a short setup, Iโd wait for a clear rejection around $0.018โ$0.020. If buyers lose the $0.014 area, the pullback could become deeper.
If GPS breaks higher with strong volume, Iโd forget the short idea.
My view: Short only after clear weakness โ patience is better than chasing.
โ ๏ธ High volatility. This is not financial advice.
#GPS #Crypto #Trading