🚀 $GPS /USDT – Oversold Reversal in Sight?
📉 Current Price: $0.0498 (-16.02%)
🔎 Monitoring for a Potential Bounce
Momentum Analysis
GPS/USDT has dropped significantly, testing a 24h low of $0.0492 after hitting a high of $0.0638. The sharp decline suggests an oversold condition, with buyers potentially stepping in around key support levels.
Long Setup (If Reversal Confirmed)
🔹 Entry Zone: $0.0490 – $0.0505
🎯 Targets: T1: $0.0523 | T2: $0.0550 | T3: $0.0600
🛑 Stop Loss: Below $0.0485
Breakout Confirmation & Key Support
✔️ Breakout Level: $0.0520+ for bullish momentum
⚠️ Key Support: $0.0490
Pro Tip for Traders
🚨 A break below $0.0490 could signal further downside, while a reclaim of $0.0520 may indicate recovery potential. Watch Binance order depth for buyer interest!
📊 Trading Data Overview:
🔹 24h High: $0.0638 | 24h Low: $0.0492
🔹 24h Vol (GPS): 696.25M | 24h Vol (USDT): 39.05M