$GPS Breakout Brewing or Bull Trap?
GPS is holding above $0.0275 after a sharp rally and showing signs of consolidation. With rising volume and strong momentum, the next move could spark a significant shift in direction. Eyes on the breakout zone!
Key Levels to Watch
Resistance: $0.0290 – A break above this level could send GPS flying toward:
TP1: $0.0300
TP2: $0.0320
Support: $0.0270 – If price dips below this range, a pullback may trigger moves toward:
TP1: $0.0260
TP2: $0.0245
Trade Setup – Prepare for High Volatility!
Bullish Entry: Break and hold above $0.0290
Bearish Entry: Breakdown below $0.0270
Stop-Loss: Use tight SL depending on direction – risk management is key!
Volume: Holding strong around 8.8M – breakout potential remains intact if buying continues.