Market Analysis: $GPS has dropped significantly (-10.14%), signaling a strong downward trend. This drop could indicate panic selling or a major resistance rejection. It’s crucial to observe buying volume before considering an entry.
📌 Trading Strategy: 🔹 Short-term: Avoid catching a falling knife. Watch for stabilization and potential reversal near $0.0350. 🔹 Long-term: If the price finds support and demand increases, a bounce to $0.0400 is possible.