$GPS /USDT Dips Below Key Averages — Bears Dominate Trend
GPS is trading at $0.01895, down 4.44%, as price slides beneath all key moving averages:
MA-7: $0.01975
MA-25: $0.02222
MA-99: $0.02364
📉 Technical Breakdown:
Current price is just above the 24h low ($0.01823), showing strong selling pressure.
Support lies at $0.01823 and $0.01721; any breach could lead to $0.0155–$0.0140 zone.
Resistance now forms around $0.02168, $0.02222, and $0.02614.
⚠️ Downtrend Intact:
The consistent lower highs and rejection from longer-term MAs confirm bearish control. Volume remains modest despite the drop, suggesting passive sellers are in control.
📌 Outlook: Bulls must reclaim $0.0202–$0.0222 to reverse the trend. Until then, the risk of breakdown below $0.018 remains elevated.