$GPS
/USDT – Long Trade Entry Opportunity
GPS has shown a strong rebound from its recent demand zone near $0.0207 and is forming a bullish base above prior consolidation support. The setup suggests the potential for an upward move with a favorable risk-reward structure.
Entry: $0.0226
Targets:
• Target 1: $0.0275
• Target 2: $0.0305
• Target 3: $0.0328
Stop Loss: $0.0207
Risk Management:
Place the stop loss slightly below the recent wick to protect against downside volatility. Secure partial profits as the price reaches Target 1, and adjust your stop loss to breakeven to manage risk efficiently.
Pro Tip for Followers:
A 1H or 4H candle close above $0.0240 with volume strength can trigger additional buying pressure. Keep monitoring price action closely for breakout confirmation.
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