$GPS just reached the level where I want to see a reaction.

After the sharp drop from $0.0189, price is now bouncing near the 4H EMA99.

I’m not calling a reversal yet.

My long setup is:

Entry: $0.01310 - $0.01335
TP1: $0.01430
TP2: $0.01520
TP3: $0.01650
SL: $0.01200

The key is the $0.0131 reclaim.

If $GPS gets back above that level, the bounce has room to develop.

Lose $0.01145 and this setup is invalid.

Wait for the level. Don’t catch the knife.

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