$GPS 1H 📊
Bias: SHORT, but wait for confirmation rather than chasing the dump.
Price is 0.01126, while the 1H Supertrend sits at 0.01234 and remains bearish. GPS rejected strongly from 0.01206, followed by a large red candle, showing aggressive selling pressure.
Preferred Setup: SHORT
• Entry: 0.01125–0.01150
• SL: 0.01195
• TP1: 0.01100
• TP2: 0.01078
• TP3: 0.01072
Key levels
🔴 0.01206 → recent rejection/high
🔴 0.01195–0.01206 → major resistance zone
🟡 0.01150 → recovery/retest area
🟢 0.01100 → first downside target
🟢 0.01072 → 24H low/support
The order book shows 57.25% bids vs 42.75% asks, so a short here isn't completely risk-free. If buyers reclaim 0.01150 and especially 0.01195, the bearish setup weakens.
Best move: wait for a weak bounce/retest around 0.0114–0.0115 and rejection before entering.
Invalidation: sustained 1H move back above 0.01206.
#Write2Earn
Bias: SHORT, but wait for confirmation rather than chasing the dump.
Price is 0.01126, while the 1H Supertrend sits at 0.01234 and remains bearish. GPS rejected strongly from 0.01206, followed by a large red candle, showing aggressive selling pressure.
Preferred Setup: SHORT
• Entry: 0.01125–0.01150
• SL: 0.01195
• TP1: 0.01100
• TP2: 0.01078
• TP3: 0.01072
Key levels
🔴 0.01206 → recent rejection/high
🔴 0.01195–0.01206 → major resistance zone
🟡 0.01150 → recovery/retest area
🟢 0.01100 → first downside target
🟢 0.01072 → 24H low/support
The order book shows 57.25% bids vs 42.75% asks, so a short here isn't completely risk-free. If buyers reclaim 0.01150 and especially 0.01195, the bearish setup weakens.
Best move: wait for a weak bounce/retest around 0.0114–0.0115 and rejection before entering.
Invalidation: sustained 1H move back above 0.01206.
#Write2Earn
