$GPS $ panic is fading ⚡

That selloff was fast and emotional. Price flushed into the 0.00485 zone, grabbed liquidity, then sellers ran out of steam. Since the sweep, candles are tight and price is holding the base. That’s classic exhaustion.
Trend was bearish, but this drop was too aggressive. Weak sellers look trapped. Repeated defenses at the lows tell me supply is drying up and demand is starting to absorb pressure.
Relief bounce setup
Entry 0.00488 to 0.00496
Targets 0.00515, 0.00542, 0.00575
Stop loss below 0.00478
Liquidity taken, range reclaimed, volatility compressing. If buyers stay in control above the base, a push back into the breakdown zone is very possible. Stay sharp and manage risk. 🚀