$GPS Market Update
Current Price: $0.0717 (-31.58%)
After hitting a high of $0.1510, GPS faced sharp rejection, dropping to a low of $0.0642.
Key Levels to Watch
🔴 Resistance: $0.0790 – A breakout could drive GPS toward $0.0980 and $0.1170
🟢 Support: $0.0642 – A breakdown may extend losses to $0.0598 and $0.0550
Market Insights
📉 Parabolic SAR: Bearish, signaling continued downside pressure
📊 Volume: Extremely high, reflecting strong selling activity
📌 MACD: Bearish momentum, no clear reversal signal yet
Trade Setup
🔹 Long Entry: Above $0.0790, targeting $0.0980 and $0.1170
🔹 Short Entry: Below $0.0642, targeting $0.0598 and $0.0550
⛔ Stop Loss: $0.0725 for risk management
GPS/USDT remains highly volatile. A decisive move above resistance could fuel a recovery, while a break below support may trigger further losses.
