$GPS Breakout or Pullback?
GPS/USDT is currently trading at $0.0308, down 5.52% for the day, reflecting strong selling pressure. The price is consolidating near a critical support zone, and the next move will determine whether the bulls regain control or the bears push the price further down.
Key Levels to Watch:
• Resistance Zone:
• $0.0310: Immediate resistance. A breakout above this level could generate short-term bullish momentum.
• $0.0312: Sustained momentum above this zone could push the price toward the $0.0315 area.
• Support Zone:
• $0.0305: Immediate support. A breakdown below this level may intensify the selling pressure.
• $0.0294: Failure to hold this zone could lead to a retest of the $0.0288 psychological support.
Trade Setup – Prepare for Volatility!
Bullish Scenario:
• A confirmed move above $0.0310 could trigger a recovery rally with potential targets:
• Target 1: $0.0312
• Target 2: $0.0315
Bearish Scenario:
• A break below $0.0305 would indicate continued bearish pressure, with possible targets:
• Target 1: $0.0294
• Target 2: $0.0288
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