$GPS is showing signs of a bearish reversal following a pump of over 6%. Despite short-term gains, the asset remains in a severe long-term downtrend with massive losses over 90 and 180 days. The price is approaching the 24-hour high and key moving average resistance. This move appears to be a typical bear market rally within a larger downtrend, presenting a high-probability shorting opportunity as momentum wanes.
Entry Zone: 0.00595 - 0.00605
TP1: 0.00575
TP2: 0.00565
TP3: 0.00555
Stop Loss: 0.00620
Risk Management: This is a counter-trend fade in a strong macro downtrend. Use a small position size and a strict stop loss above the recent high.
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GPSUSDT
دائم
0.005863
+2.23%