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$GUSD /USDT
Current price: 0.9992 USDT (-0.01%)
After the recent sideways consolidation between 0.9989 and 0.9995, GUSD is showing weakness on the lower side. On the 1H timeframe, bearish candles are forming, suggesting potential downside movement if support gives way.
Trade Setup 📉
Entry Zone: 0.9990 – 0.9993
Target 1 🎯: 0.9985
Target 2 🎯: 0.9978
Target 3 🎯: 0.9965
Stop Loss: 1.0005
If the support at 0.9989 breaks with volume, further decline may follow as traders exit stable positions.
However, a strong recovery above 1.0005 would invalidate the bearish view and could restore short-term stability.
#AsterBurns50%OfBuybackTokens #DecemberRateCutForecast #XRPPriceUpdate #CryptoMarketWatch #SpotETFApprovalUpdates