GPS/USDT Market Observation: The current price is trading below the key moving averages, and the RSI is in a neutral to weak position. The overall technical outlook indicates a bearish trend. In the short term, although there is a rebound opportunity, the overall trend should still be approached with caution.



Regarding key levels, it is important to focus on whether the moving averages can form effective support. The RSI indicator suggests that selling pressure still exists, with no clear signs of reversal.

Overall, the mid-term risk of the GPS rally outweighs the opportunity. Short-term traders may consider shorting at rebound highs; long-term holders are advised to control risk exposure. Moving forward, close attention should be paid to the interaction between price and technical indicators. Once the price reclaims the key moving averages, the bearish pattern may truly change.
GPS2,24%
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LostBetweenChainsvip
· 14h ago
GPS this thing, it feels like it's always frustrating people. Moving average suppression is really annoying. It's another rebound at a high point to short. It sounds simple, but actually doing it is really nerve-wracking. RSI is so weak; I don't think it will show any significant change in the short term.
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CryptoSourGrapevip
· 14h ago
If I had seen this analysis earlier, I would have understood what "risk outweighs opportunity" means.
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JustAnotherWalletvip
· 15h ago
GPS is starting to stir again, and this time it feels really risky, running below the moving average endlessly. Let's wait until it breaks above first, now jumping in feels a bit like gambling. Short-term rebounds can be played, just don't be greedy. With the RSI in this state, the selling pressure is still strong. For those holding medium-term positions, I'm now a cautious turtle, closing my risk exposure first. This wave, I need to wait for the moving average to give a signal before I dare to act.
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