$GPS /USDT – Bearish Pressure with Potential for Reversal!

Momentum Analysis:

GPS/USDT is currently facing a bearish trend with a 5.63% drop, trading at $0.0335. The recent price action has shown a slight bounce off the 24h low of $0.0332, suggesting potential consolidation or a reversal if the support holds strong.

Long Setup:

Entry Zone: Look for a potential entry near $0.0332, with a tight stop loss just below $0.0330.

Targets (T1, T2, T3):

T1: $0.0354

T2: $0.0361

T3: $0.0370

Stop Loss: Place your stop just below $0.0330 to manage risk.

Breakout Confirmation Level & Key Support:

Breakout Level: $0.0354

Key Support: $0.0332 – this is a critical zone to hold for a potential reversal.

Pro Tip for Traders: Keep an eye on the 24h volume (290.50M GPS, 10.41M USDT) and the depth at $0.0330–$0.0332 for signs of buying pressure that could drive price higher. If the bearish momentum continues, consider waiting for a clear reversal signal before entering.

Relevant Hashtags:

#GPSUSDT #CryptoTrading #BearishPressure #CryptoAnalysis #Altcoins