$GNS /USDT BEARISH MOVE IN PLAY ๐จ๐
The pair $GNS/USDT is currently trading at $1.137 (-5.48%), showing clear signs of weakness after failing to hold above the $1.18โ$1.20 resistance zone. Momentum is shifting downward, signaling a bearish bias in the short term.
๐ KEY LEVELS:
Resistance: $1.180 ๐ผ / $1.200 ๐ผ
Support: $1.105 ๐ฝ / $1.060 ๐ฝ
Current Price: $1.137
๐งจ TRADE SETUP โ SHORT ENTRY:
Entry: $1.140โ$1.135
Targets (TP):
๐ฏ TP1: $1.105
๐ฏ TP2: $1.060
Stop Loss (SL): $1.165
๐ TRADE IDEA: A short entry near the broken support turned resistance zone around $1.135โ$1.140 offers a good risk-reward as long as price stays below $1.165.
โ ๏ธ RISK MANAGEMENT:
Keep risk per trade โค 1โ2% of your capital. Use tight SL. Always trade with discipline. ๐๐ผ
#CryptoTrading #TechnicalAnalysis #GNSUSDT #ShortSetup #BearishTrend