$GPS (15M) — Trend Still Heavy, Bounce-Short Setup

GPS just rolled over from 0.00747 and has been bleeding lower with a clear series of lower highs + lower lows. Price is now sitting near 0.00711 after tagging the support pocket around 0.00709–0.00701. This looks like a weak bounce inside a downtrend — unless bulls reclaim the key MA zone, the higher-probability play is to sell bounces and target the liquidity below.

Trade Plan (Short):

EP (Entry): 0.00714 – 0.00722 (sell the bounce / retest zone)

TP (Targets):

TP1: 0.00709 (recent low reaction)

TP2: 0.00701 (24H low zone)

TP3: 0.00685 (breakdown extension / sweep)

SL (SI): 0.00733 (above resistance + MA reclaim)

Bearish Confirmation: Stay below 0.00724–0.00729

Flip Bullish Only If: Price reclaims and holds above 0.00732–0.00735 with strength.

Take profits step-by-step and keep risk tight — support bounces can be sharp, but trend favors sellers right now.

Let’s go!

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