$GPS – LOWER HIGH CONFIRMED! BEARS GAINING GROUND!
REJECTION FROM $0.02024 TRIGGERS SELL-OFF
FAILED TO HOLD $0.01975, BOUNCE LOOKS WEAK
$GPS /USDT continues its bearish structure after forming a clear lower high near $0.02024. Price broke below key support at $0.01975 and recently tapped a new local low at $0.01823. Although a small bounce followed, the rejection wick and low volume suggest bulls are exhausted. Momentum remains with the sellers unless a breakout above $0.02000 invalidates this setup.
SHORT SETUP
Entry: $0.01890–0.01910
Target 1: $0.01800
Target 2: $0.01720
Stop Loss: $0.02030
Any weak pump is a trap. Favor shorting rallies until structure shifts.
#GPSUSDT #BearishTrend #CryptoTrading #ShortSetup #BinanceFutures