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$GNS /USDT — Heavy Pressure, Watching for Stabilization (4H Chart)
GNS is under clear selling pressure ⚠️
Price dropped from the 1.12 area to 0.87, and is currently hovering near 0.94 after a sharp sell-off.
What the chart shows:
📉 Lower highs & lower lows → bearish structure intact
🧠 Price trading below MA(7), MA(25) & MA(99)
📊 High sell volume on breakdown → distribution, not a fake move
Key levels to watch:
Immediate support: 0.92 – 0.90
Major support: 0.87 (recent wick low)
Resistance: 1.00 – 1.02
A short bounce is possible, but trend remains bearish unless price reclaims 1.00+ with volume.
This is a capital preservation zone — patience over aggression.
Risk management is critical here ⚠️
Let the chart prove strength first.
#GNS #DeFi #Crypto #TechnicalAnalysis #RiskManagement $GNS