### **Key Bearish Signals for GPSUSDT** 1. **Price Action & Volume**: - Current price: **$0.133–0.134 USDT** (down ~10% in 24h). - High selling pressure: 24h volume surged up to **+392%** on exchanges like Gate.io. - Technical Rating: **"Strong Sell"** across Bybit, MEXC, and other major exchanges.
2. **Bearish Chart Patterns**: - **Inverted Cup-and-Handle**: Identified on TradingView charts, signaling an **82% probability of further decline** with an average target of **-17%** . - Recent breakdown below critical support at **$0.15**, now testing **$0.12** as a new resistance zone .
3. **Leverage & Liquidity**: - Binance Futures offers **25x leverage** for GPSUSDT perpetual contracts (launched Feb 17, 2025) . - *Your 10x leverage amplifies gains but requires tight risk controls*.
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### **Trade Strategy** **Entry Trigger**: - Short on a confirmed breakdown below **$0.12** (critical support).
**Targets**: - **Primary**: $0.10 (historical low from Feb 18 data) . - **Secondary**: $0.08–$0.09 (aligns with the inverted cup-and-handle’s -17% target) .
**Stop-Loss**: - Set above **$0.14** (resistance near recent highs of $0.16–$0.158) .