$GPS bounce is showing weakness as sellers re-enter near the supply zone.
Trading Plan – Short $GPS
Entry: 0.0129 – 0.0134
SL: 0.0142
TP1: 0.0122
TP2: 0.0115
TP3: 0.0108
$GPS couldn’t sustain its recent recovery and is now printing rejection around prior breakdown resistance.
The structure is shifting into potential lower highs, with buyers struggling to defend higher bids. Momentum is compressing into supply rather than expanding upward, which signals exhaustion on the bounce.
As long as this resistance zone holds, downside liquidity resting below recent swing lows becomes the probable target. Sellers appear to be regaining control, and any weak push into the entry range could offer continuation toward the listed take profit levels.
Stay disciplined with risk management and let the setup play out according to structure
GPSUSDT
Διην.
0.013541
+5.69%