$GPS

From Collapse to Barely Breathing: Can GPS Crypto Survive This Weak Recovery? 🚨

After a devastating slide that pushed GoPlus Security (GPS) to lows around $0.015–$0.022 back in mid-April, the token is now showing faint signs of life. Over the past week, GPS has managed a modest 15–17% rebound, currently hovering between $0.026 and $0.028. Trading volume has climbed to the $70–90 million range, suggesting that some speculative interest is returning—but far from enough to erase the massive losses seen in recent months.

Technically, GPS has crossed above its short-term 7-day moving average, hinting at a fragile bullish setup. However, the price remains trapped below key resistance near $0.028, a level that bulls must conquer if they want to avoid another brutal pullback. On-chain data still shows pockets of accumulation, but overall sentiment remains cautious, with many traders treating this as a dead-cat bounce rather than the start of a sustainable rally.

Looking ahead, if GPS breaks above the $0.028 barrier, the next target lies between $0.032 and $0.035, levels last seen during the token’s spring recovery attempt. Failure to hold above current support could send the price crashing back toward the $0.022–$0.024 zone, reigniting bearish pressure. For now, GPS remains on life support—traders are watching closely to see if this faint pulse turns into a real recovery or just the final gasp before another fall.