$GPS USDT – LOWER HIGHS, WEAK BOUNCE: BEARS TAKING CONTROL!
REPEATED REJECTIONS NEAR RESISTANCE. BEARISH ENGULFING ON 4H.
$GPS attempted a recovery but failed to reclaim the key resistance zone near $0.02550, forming lower highs and printing a bearish engulfing candle on the 4H chart. Sellers stepped in aggressively, pushing the price back to $0.02431.
Volume remains average with no bullish momentum — indicating weakness and lack of demand at higher levels.
Short Entry: $0.02430
Targets (TP): $0.02332 / $0.02287
Stop Loss (SL): $0.02520
Breakdown below $0.02376 (24H low) would confirm bearish continuation. Eyes on volume spike for validation.
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