$GPS — 1H Setup 📉
Bias: Bearish
Entry: $0.01025–$0.01045
SL: $0.01112
TP1: $0.00990
TP2: $0.00975
TP3: $0.00946
Analysis:
GPS had a sharp rejection from $0.01199 and flipped below the 1H Supertrend at $0.01109. Since then, price has been consolidating around $0.0100–$0.0102, suggesting sellers still have the upper hand.
I’d prefer a bounce into $0.01025–$0.01045 followed by rejection rather than chasing at the current price. A clean break below $0.00989 could open the way toward $0.00975 and eventually $0.00946.
Invalidation: A strong 1H reclaim above $0.01109–$0.01112 would invalidate the bearish setup.
Chart-based setup, not financial advice.
#gps
Bias: Bearish
Entry: $0.01025–$0.01045
SL: $0.01112
TP1: $0.00990
TP2: $0.00975
TP3: $0.00946
Analysis:
GPS had a sharp rejection from $0.01199 and flipped below the 1H Supertrend at $0.01109. Since then, price has been consolidating around $0.0100–$0.0102, suggesting sellers still have the upper hand.
I’d prefer a bounce into $0.01025–$0.01045 followed by rejection rather than chasing at the current price. A clean break below $0.00989 could open the way toward $0.00975 and eventually $0.00946.
Invalidation: A strong 1H reclaim above $0.01109–$0.01112 would invalidate the bearish setup.
Chart-based setup, not financial advice.
#gps