š $GPS USDT Rejection Signals Bearish Setup ā Caution Ahead!
$GPS USDT is showing signs of weakening after a lower high formation and repeated failure to break the $0.031 zone. Current price action is consolidating below resistance, and the structure suggests a potential drop if support near $0.029 breaks down. With a clear stop-loss placed above the recent wick, this setup favors short entries.
š» Bearish Trade Setup:
ā¢ Entry: $0.02935
ā¢ Stop Loss: $0.03169
ā¢ Take Profit: $0.02551
ā¢ Risk/Reward: Favorable short opportunity if price breaks support
If bears maintain momentum, a deeper retracement is likely toward the $0.0255 demand zone.
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