$GPS — Extension looks stretched, momentum cooling

The move higher has gone near-vertical and price is now extended from the base. After a strong impulsive push, upside follow-through is starting to stall near highs, increasing the odds of a corrective pullback. When moves get this steep, risk shifts toward mean reversion if buyers fail to defend.

Short $GPS

Entry: 0.0132 – 0.0136

SL: 0.0148

TP 1: 0.0118

TP 2: 0.0100

TP 3: 0.0080

The flow looks heavy after the spike, with price vulnerable to a deeper reset back into prior demand. As long as price stays below the highs, downside reactions remain favored.

Trade $GPS here 👇