⚡ $GUSDT BEARISH REJECTION – IS THIS SPIKE A FAKEOUT OR A SELL-OFF SIGNAL?

$GUSDT showed a sharp upward spike reaching its 24H high but faced an immediate strong rejection, indicating potential bearish continuation if support levels break.

🔑 Key Levels:

Support: $0.01164

Resistance: $0.01275 (24H High)

Current Price: $0.01194

📉 Trade Setup (Short):

Entry Zone: $0.01200 – $0.01210

Targets (TP):

➤ TP1: $0.01180

➤ TP2: $0.01170

➤ TP3: $0.01160

Stop Loss (SL): $0.01230

📊 Market Outlook:

After a sudden bullish spike to $0.01275, the price faced heavy rejection, dropping back near previous levels. This indicates seller dominance unless it reclaims and sustains above $0.01220. If support at $0.01180 fails, expect further downside.

⚠️ Risk Management:

Always risk only 2-5% of your capital per trade. Place SL firmly above rejection highs to protect from unexpected bullish reversals.

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💬 Comment 👎 if you think bears will take control today!

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