🚀 $GPS /USDT Technical Analysis (1D Chart)

💸 Current Price: $0.0285 (+23.91%)
📊 Moving Averages:

MA(7): $0.0235

MA(25): $0.0234

✅ Price has exploded above both short-term MAs with a clean bullish engulfing candle — momentum has shifted hard.

⚡ Breakout From Multi-Week Accumulation

GPS has spent nearly 2 months in a tight range between $0.020 and $0.025.

Today’s candle ripped through resistance with conviction, signaling the end of consolidation.

Volume likely surged (not shown here) — typical of a true breakout, not a fakeout.

🧠 Technical Outlook:

First major upside target is the $0.031–$0.033 range — previous local structure from April.

If bulls maintain momentum, a gap fill run toward $0.040–$0.045 isn’t out of the question in coming days.

Watch for backtest of $0.025–$0.026 zone — could flip into strong support.

🧱 Key Levels:

Support: $0.0250 → $0.0235 (MA7)

Resistance: $0.0305 → $0.0330 → $0.0375

🎯 Trade Setup Notes:

Breakout traders may ride this momentum with a stop just below $0.0255.

Aggressive buyers may chase with eye on $0.031–$0.033 short-term targets.

Be alert for profit-taking wicks in low-liquidity conditions.

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!