GPS/USDT – Oversold Reversal or More Downside? 🔻📈
GPS is trading at $0.0507, down 12.13%, after a sharp drop to $0.0473. A potential rebound is forming, but resistance remains strong.
Long Setup 📈
🔹 Entry Zone: $0.0495 – $0.0510 (Reversal buy)
🎯 Target 1: $0.0525 (Short-term resistance)
🎯 Target 2: $0.0550 (Breakout confirmation)
🛑 Stop Loss: $0.0470 (Below recent low)
Market Outlook 🔥
If GPS holds $0.0495, a reversal toward $0.0550 is likely. However, a breakdown below $0.0470 may push it lower.
💡 Pro Tip: Watch for increasing volume to confirm the trend shift.
