#GNOUSDT remains weak after a strong drop📉 SHORT BYBIT:GNOUSDT.P from $181.40
🛡 Stop Loss: $186.50
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:GNOUSDT.P experienced a sharp rally above $210, followed by an equally strong pullback.
➡️ The POC (Point of Control) at $187.27 indicates the highest liquidity area, which serves as a strong resistance level.
➡️ Price is consolidating below $183.12, signaling potential seller dominance.
➡️ If $178.55 breaks downward, further decline toward $175.30 is expected.
⚡ Plan:
➡️ Enter short upon a confirmed break below $181.50.
➡️ Stop-Loss placed at $186.50, above the resistance zone.
🎯 TP Targets:
💎 Take Profit1- 178.55
🔥 Take Profit2- 175.30
🚀 BYBIT:GNOUSDT.P remains weak after a strong drop—expect further downside.