$GPS /USDT
Crypto Shocking Alert ⚡ Momentum Clash! Bullish & Bearish Levels Exposed! 🚀⚠️
Current Price: $0.01024 (-13.88%)
1. Bullish Breakout Setup:
If the GPS price breaks the resistance at $0.01052, then in the short term, we can see a move to $0.01090 and then $0.01127. MA(7), MA(25) are aligned, and there is a chance for recovery.
Pro Tip: Long entry should only be taken on a strong close above $0.01052 with a target of $0.01090 in mind.
2. Bearish Breakdown Setup:
If GPS loses the support at $0.01014, then the next dip can come down to $0.00980 and then $0.00976.
Pro Tip: Consider a short only when the breakdown at $0.01014 is confirmed.
My Opinion:
The structure of $GPS looks bearish right now — after a recent 13% drop, the price is testing support. A breakout is key for recovery, otherwise, the dip may continue.
