WARNING: $GPS is getting crushed, not “discounted.” 24h: $0.007800, down 24.13%, with $4.11M traded. That’s real pressure. 🩸
But 4h RSI is 16 and volume is 6.1x its 20d average. Oversold can bounce hard. It can also keep bleeding. I’ve been burned chasing that exact setup. $BTC strength won’t save it automatically.
Near $0.0078, I’m waiting for a reclaim, not catching knives. Shorts paying, but MAs are chopping. Holding or fading this?
#GPS #Trading #Web3
But 4h RSI is 16 and volume is 6.1x its 20d average. Oversold can bounce hard. It can also keep bleeding. I’ve been burned chasing that exact setup. $BTC strength won’t save it automatically.
Near $0.0078, I’m waiting for a reclaim, not catching knives. Shorts paying, but MAs are chopping. Holding or fading this?
#GPS #Trading #Web3