$GPS /USDT BEARISH PRESSURE — DOWNSIDE MOMENTUM INTENSIFIES!
$GPS /USDT is under strong selling pressure after breaking support at $0.00564. The price currently sits at $0.00563, flirting with the 24h low of $0.00560. With increasing sell volume and repeated failed attempts to reclaim $0.00570, the market indicates continued downside risk. Traders should expect further testing of lower support levels before any potential recovery.
Trade Setup:
Short Entry: $0.00563 – $0.00565
Take Profit (TP): $0.00555 / $0.00550
Stop Loss (SL): $0.00570
Market Setup:
Bearish trend likely to persist in the short term. Support around $0.00550 is crucial; a break below could trigger further downside toward $0.00540.
