$GNS /USDT 📉
GNS
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Strong breakdown from the mid-range structure with a sharp drop toward the 0.70 demand zone, showing clear bearish momentum.
🔹 Current Price: 0.724
🔹 Key Support: 0.698 & 0.68
🔹 Key Resistance: 0.81 & 0.87
RSI is deeply oversold (~13), indicating selling exhaustion and a possible short-term bounce after the aggressive dump.
Bullish Scenario: If price holds above 0.70 support, a relief bounce toward 0.80–0.82 is likely as momentum resets.
Bearish Scenario: A clean breakdown below 0.698 could trigger continuation to the 0.65 liquidity zone with further downside pressure.
Overall: Bearish structure with high volatility. Watch for a potential dead-cat bounce from oversold levels, but trend remains weak unless 0.81 is reclaimed. 📊⚠️