#GPS
Volume: Volume has spiked recently (1.233B over the period), supporting the price increase, which is a positive sign of sustained interest.
RSI: At 55.1232, the Relative Strength Index is neutral, neither overbought nor oversold, leaving room for further upside before potential resistance.
Bullish Case:
If the price holds above $0.027 with continued volume support, we could see a push toward $0.029-$0.0458 within 48 hours. The 20.43% gain and upward MA trend reinforce this potential. Consider a buy entry near $0.0275 with a stop-loss below $0.0227, targeting $0.029.
Bearish Case:
A failure to break $0.029, coupled with a drop below $0.027, could signal a pullback to $0.0227 or lower. Watch for declining volume as a confirmation of reversal. In this scenario, a short position or exit might be prudent.
Risk Management:
Given the volatility (24h range $0.0227-$0.029), keep position sizes small and use tight stops. The RSI suggests no immediate overextension, but monitor for a drop below 50.
DYOR
