$GPS USDT – Buying Opportunity
The GPS has shown a strong recovery from the recent demand zone near $0.0207 and is forming an upward base above the previous consolidation support. The setups indicate the potential for an upward movement 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 last candle to protect yourself from adverse market fluctuations. Secure partial profits when the price reaches Target 1, and adjust the stop loss to breakeven for efficient risk management.
Professional Tip for Followers:
A close of the 1-hour or 4-hour candle above $0.0240 with strong volume could lead to additional buying pressure. Continue to closely monitor price action to confirm the breakout.$GPS