After the recent pump, $GPS is showing some cooling-off. Price is still holding above the MA60 at 0.01625, but RSI has dropped near 41, which tells me momentum has weakened. At this point, I wouldn’t chase the move. The better approach is to wait for price to confirm its next direction. 🟢 Long Setup I’d look for a clean break and retest above 0.01645 before considering a long. 🎯 Targets: 0.01666 → 0.01686 🛑 SL: 0.01624 🔴 Short Setup If 0.01625 breaks with confirmation, the structure could turn bearish and open the way toward: 🎯 0.01606 → 0.01586 🔑 Key Level: 0.01625 This is the level I’m watching most closely. As long as price holds above it, there’s still room for a recovery. If it loses that level with confirmation, downside becomes more interesting.$GPS
Guys, keep a close eye on $SNDK . After spotting similar setups like $TUT , I’m watching this one for a potential breakdown trade. The key level on my chart is $1,663 support. If SNDK loses this level cleanly with strong selling pressure and confirms the breakdown, the move could accelerate and open the door toward lower downside zones, with $1,000 being a major level I’m watching. That said, don’t rush blindly into a short. A breakdown is only meaningful when price confirms it. Failed breakdowns and sharp relief bounces can happen quickly, especially after an aggressive sell-off. What I’m Watching: $1,663: Critical support / breakdown level A clean break and confirmation below support Increasing selling volume and continued weakness Lower support zones becoming active after confirmation Any strong reclaim of the breakdown level as a potential warning sign If you’re considering a short, focus on confirmation, risk management, and position sizing rather than trying to predict the exact top. The objective isn’t to catch every move — it’s to take the trade only when the chart confirms the setup. Stay patient, avoid overleveraging, and protect your capital first. Let price action do the talking.$SNDK