🚨 $GPS IN FREEFALL – BEARS DOMINATING THE MARKET .. From $0.15 to $0.033
$GPS continues its downward spiral, showing no signs of recovery after its launch. The selling pressure remains high, and price action suggests further weakness.
📊 Key Levels to Watch
🔻 Support: $0.0332 – A breakdown below this level could send GPS into deeper lows.
🔺 Resistance: $0.0359 – Bulls must reclaim this zone for any chance of reversal.
🎯 Trade Setup – Caution Ahead!
📈 Long Entry: Only if GPS reclaims $0.0350 and holds above it.
📉 Short Entry: Below $0.0332, further decline towards $0.0325 or lower is possible.
🚨 Stop-Loss: Above $0.0360 to manage risk.
📉 Market Insights – What's Driving the Drop?
✅ Weak Post-Launch Performance: GPS is struggling after launch with no clear bullish momentum.
✅ Selling Pressure: Bears are in full control, pushing prices lower.
✅ Lack of Demand: No significant buying volume to reverse the trend.
💡 Final Thought: If GPS fails to hold $0.0332, expect further downside. Bulls need a strong bounce above $0.0359 to regain confidence. Proceed with caution!