$GNS – Rejected Again, Bearish Momentum Building 📉
$GNS keeps slamming into that 0.82 resistance and rolling over. Lower highs are now clearly established, and after that last spike, sellers are stepping back in with conviction.
⚡ SHORT
$GNS Entry Zone: 0.770 – 0.795
Stop Loss: 0.835 (above recent rejection)
🎯 Targets:
🥇 0.740
🥈 0.710
🥉 0.680
🔍 Why This Setup:
· Repeated rejection at 0.82 — resistance holding firm
· Lower highs forming — bearish structure confirmed
· Momentum building after spike — sellers regaining control
· Clean entry zone — 0.770–0.795 offers defined risk
· First target 0.740 — initial support and liquidity grab
· Next targets 0.710 and 0.680 — if selling pressure accelerates
The Thesis:
Bulls had their chance at 0.82. They failed. Now we watch for downside continuation. Hold below 0.795 and the path toward 0.740 opens. Break that with volume and acceleration toward 0.710 kicks in. If momentum really catches, 0.680 is the macro target.
Trade
$GNS here 👇
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