🚀 $GPS /USDT (4H) — Explosive Breakout, Momentum Kicks In
GPS just broke out with a powerful bullish engulfing candle, spiking over +36% — a clear signal that demand overwhelmed supply after weeks of sideways chop.
📊 Support Levels
0.0250 – Recent consolidation range high
0.0235 – MA cluster (7/25/99 EMA confluence)
0.0212 – Former base of accumulation zone
📈 Resistance Zones
0.0320 – Intraday spike high
0.0365 – March supply zone
0.0410 – Breakdown level from early April
🔍 Quick Outlook
A rare breakout after a prolonged low-volatility range
Trading above all key MAs now, momentum is favoring bulls
Needs to hold above 0.0250 to confirm trend reversal
Next leg up could push into 0.036–0.041 if volume sustains
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!