$GPS /USDT BEARISH MOVE IN PLAY 🚨📉 — WATCH THESE LEVELS CLOSELY!
🔍 Technical Analysis Overview
$GPS /USDT is currently trading at $0.0218 (-5.22%), showing bearish pressure after failing to hold above key moving averages. The trend on the 1H and 4H charts indicates weakness, with price hovering below the MA(99) — a strong bearish signal.
📊 Key Technical Levels
🔻 Resistance Levels:
$0.0225 (minor resistance)
$0.0235 (24h high / major resistance)
🔻 Support Levels:
$0.0212 (24h low & immediate support)
$0.0205 (next key support zone)
🧭 Current Price: $0.0218
📉 Trend Bias: Bearish (below MA(99) and under key resistances)
🛠️ Trade Setup — SHORT Entry Idea:
Entry: $0.0218 - $0.0220
Target 1 (TP1): $0.0212
Target 2 (TP2): $0.0205
Stop Loss (SL): $0.0226 (above local resistance)
📌 Confirmation: Look for bearish candle close below $0.0215 or rejection wick at $0.0220 zone.
⚠️ Risk Management Reminder
Only risk 1-2% of your capital per trade. Stick to your SL. Let the setup come to you — no FOMO! 🧠💼
📉 Stay sharp, trade smart!
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