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🚨 𝗦𝗛𝗢𝗥𝗧 𝗔𝗹𝗲𝗿𝘁 𝗼𝗻 $𝗚𝗣𝗦
Trend shows intense bearish momentum as price remains trapped well below the descending EMA cluster following a sharp breakdown. Full breakdown below 🧵👇
📉 Direction: SHORT | Asset: GPS/USDT
🎯 Entry: 0.006600 – 0.006700 (on failure to flip EMA9)
🛑 SL: Above 0.007000 structure
💰 TP1: 0.006300
💰 TP2: 0.006000
⚖️ R/R: Approx. 2.3R
📊 Score: 85/100
🔎 The_Pro Breakdown
HTF POI: 0.006718 (EMA9), 0.006994 (EMA21), and 0.007993 (EMA99) acting as strong dynamic overhead resistance.
LTF Confirm: Price is trading at 0.006580, below all EMAs. MACD shows bearish alignment with DIF (-0.000291) below DEA (-0.000356), while RSI at 25.38 indicates deep oversold conditions, suggesting potential for further downward exhaustion.
Entry Zone: 0.006600 – 0.006700 range, looking for a rejection at the EMA9 to continue the primary downtrend.
Target Liquidity: Initial move toward the recent 0.006542 low, with potential for further downside extension.
🧠 Let the chart speak
⚠️ DISCLAIMER: Market structure analysis only—not financial advice or a signal. Setups are time-sensitive and may become invalid within 1 hour due to rapid price movement.
$GPS

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