$GPS /USDT – Bearish Pullback in Progress!

📉 Momentum Analysis: GPS/USDT has been facing a strong downtrend, currently down by 13.64%. The market shows potential for further weakness as the price struggles near the 0.0456 level. However, it remains near key support levels, offering possible entry points for cautious traders.

🔑 Long Setup:

Entry Zone: 0.0455 – 0.0460

Targets:

T1: 0.0500

T2: 0.0525

T3: 0.0550

Stop Loss: Below 0.0450

📊 Breakout Confirmation Level & Key Support:

Breakout Confirmation Level: 0.0494

Key Support: 0.0455

💡 Pro Tip for Traders: Be patient for a breakout confirmation above 0.0494 before entering a position. If you are risk-averse, wait for a clear trend reversal. Monitor volume closely for signs of strength.

📈 Trading Data:

Price: 0.0456 (-13.64%)

24h High: 0.0593

24h Low: 0.0455

24h Volume (GPS): 395.07M

24h Volume (USDT): 21.05M

Order Book Depth: Currently showing support at lower levels, look for stability before considering entry.

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