$GNS /USDT SHOWING BEARISH REVERSAL ⚠️📉 – REJECTION FROM RESISTANCE ZONE
The DeFi platform token (Gains Network) is losing bullish momentum after failing to break above the $1.70–$1.85 resistance zone. Price is currently retreating, hinting at a potential bearish correction phase unless it finds strong support near recent lows.
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📉 CURRENT PRICE: $1.569
📊 24h Change: -2.85%
🔼 24h High / Low: $1.849 / $1.486
📉 Volume: GNS – 3.98M | USDT – 6.49M
📉 Market Sentiment: Weak rebound, sellers active
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🔍 KEY LEVELS:
🔼 Resistance 1: $1.70 – Psychological barrier
🔼 Resistance 2: $1.85 – 24h high & rejection zone
🔽 Support 1: $1.55 – Near current price, fragile
🔽 Support 2: $1.48 – 24h low & key pivot
🔽 Support 3: $1.40 – Strong base for bulls
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💥 TRADE SETUP – SHORT OPPORTUNITY
🔸 Entry Zone: $1.57–$1.60 (on weak bounce)
🎯 Targets:
TP1: $1.50
TP2: $1.46
TP3: $1.40
🛑 Stop Loss: $1.72 (above breakout zone)
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🛡️ RISK MANAGEMENT:
✅ Risk only 1–2% of your capital
✅ Don’t short into strength – wait for rejection or a break below $1.55 for confirmation
✅ Lock profits at each TP to reduce exposure 📊
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🚨 Summary: $GNS is under seller control after a failed rally. Watch for breakdown confirmation below $1.55 – next support lies at $1.40. Trade wisely! ⚔️📉
#MarketRebound #NEWTBinanceHODLer #BinanceTGEXNY #ScalpingStrategy #w $GNS