👀 $GPS 12.9x volume spike into the -2.8% dump reads as distribution - my bias is bearish here on the 1h while price holds below the last swing high at 0.01185

👀 $GPS 12.9x volume spike into the -2.8% dump reads as distribution - my bias is bearish here on the 1h while price holds below the last swing high at 0.01185 — the dump with heavy selling and falling open interest reads as distribution, not a clean panic wipe that I would fade blindly - this is a…