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Bassman
Bassman
๐Ÿ”Ž GPSโ€“ Chart Analysis & Trade Setup ๐Ÿ“Š Market Structure * Previously in uptrend โ†’ distribution โ†’ breakdown * Sharp dump from ~0.0107 โ†’ 0.0065 * Current price: ~0.0082 (strong bounce) * Structure now: Relief bounce after sell-off (not confirmed trend reversal) * RSI recovering from oversold โ†’ momentum improving ๐Ÿ‘‰ Conclusion: Short-term bullish bounce, but mid-structure still weak โธป ๐ŸŸข LONG Setup (Bounce Play) ๐Ÿ“ Pullback Entry (Best) * Entry: 0.0076 โ€“ 0.0079 * Stop Loss: 0.0072 * Take Profit: * TP1: 0.0088 * TP2: 0.0095 * TP3: 0.0100 ๐Ÿ“ Breakout Entry * Entry: Break above 0.0088 * Stop Loss: 0.0082 * TP: 0.0098 โ€“ 0.0105 ๐Ÿ‘‰ This is a counter-trend recovery long, not full bullish yet โธป ๐Ÿ”ด SHORT Setup (Preferred Higher Probability) ๐Ÿ“ Rejection Zone * Entry: 0.0088 โ€“ 0.0093 * Stop Loss: 0.0098 * Take Profit: * TP1: 0.0080 * TP2: 0.0072 * TP3: 0.0065 (previous low) ๐Ÿ‘‰ Reason: Price is still under major resistance + bearish structure โธป โš ๏ธ Key Levels * Resistance: * 0.0088 โ€“ 0.0093 (key supply zone) * 0.0100+ (major resistance) * Support: * 0.0078 (short-term) * 0.0072 * 0.0065 (strong base) โธป ๐Ÿง  Market Insight * This move looks like: ๐Ÿ‘‰ Dead cat bounce / relief rally after liquidation * Smart money often: * Sell into bounce * Reload shorts at resistance * Need to see: * Strong volume + higher high above 0.0095 to confirm reversal โธป โœ… Strategy Summary * Safer bias: SHORT at resistance * Aggressive: LONG bounce scalps * Avoid: FOMO long at 0.0082 (mid-zone, low edge) #CoinMoveAlert $BASED $JELLYJELLY $OL

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