$GPS - Strong Drop! 🚨
$GPS is experiencing a massive sell-off, down -23.76% in the last 24 hours, now trading at $0.0799. After a brief spike to $0.1510, the asset has faced considerable bearish pressure, indicating a downward trend.
Market Analysis and Key Notes
🔹 Breakout Alert: A move above $0.0850 could trigger a short squeeze.
🔹 Support Zone: Key support is found between $0.0750-$0.0790. Maintaining this range is essential to avoid further declines.
🔹 RSI and Volume: The RSI is in oversold territory, but there are still no clear signs of reversal. Watch for volume spikes before making decisions.
⚠️ Risk Warning: Extreme volatility is evident; if $0.0790 is not maintained, more selling pressure is expected.
