$GPS sell๐ฅ
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### ๐ป **Sell Signal Explanation:**
1. **Price Rejection from Top (0.03176):**
* The price reached a peak of **0.03176** and faced strong rejection.
* Multiple red candles followed, confirming bearish sentiment.
2. **MA Cross-Down (Short-Term < Long-Term):**
* **MA(7) = 0.02866** (yellow) has crossed **below MA(25) = 0.02957** (pink).
* This crossover is a bearish signal, showing loss of upward momentum.
3. **Bearish Candle Formation:**
* After forming a lower high and lower low, the recent candles confirm a short-term downtrend.
4. **Volume Analysis:**
* Volume is gradually decreasing, indicating weak buyer strength during the pullback.
* Big red volume spikes earlier confirmed selling pressure.
5. **Support Zone Testing:**
* Current price is around **0.02850**, slightly above the **MA(99) = 0.02753**, a possible support.
* If broken, more downside is expected toward **0.02700โ0.02650** range.
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##CryptoCharts101 # ๐ **Conclusion:**
* The structure favors **short (sell) positions** below 0.02850 if the price fails to reclaim 0.02900.
* Consider stop-loss above **0.02950**, and potential targets near **0.02750 โ 0.02650**.