📊 GPS/USDT Technical Analysis (June 22, 2025)
✅ Current Price: $0.0271
• 24h Increase: +6.69%
• 24h Trading Volume: 190 million GPS / 5.045 million USDT
• Daily High: $0.0282, Low: $0.0245
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🔍 Technical Structure Observation:
1️⃣ Clear Trendline Support
• From the chart, we can see that since mid-April, a steadily rising trendline (orange) has formed, and each time it has retraced, it has generally found support. It is currently still trading above this trendline, and the trend has not been broken.
2️⃣ Moving Average Convergence → Volume Surge
• The short-term moving average EMA7 (yellow) is converging with EMA25 (pink) and EMA55 (green) and slightly diverging upwards, indicating a bullish attempt in the short term;
• In mid-June, it broke out with volume to 0.0329 but quickly retraced, and is currently attempting to push up again;
• This shows intense bull-bear contest, but the bulls still hold some initiative.
3️⃣ Key Support and Resistance Levels
• Upper Resistance Zone: $0.0282 - $0.0329 (Previous High + Retracement Area)
• Lower Support Zone: $0.0246 (EMA55) and trendline support around $0.0236
4️⃣ Volume Analysis
• After a recent volume increase and subsequent volume shrinkage, it indicates that the main force may be entering a consolidation or accumulation phase. If it breaks out with volume above 0.028~0.030, a new wave of increase will begin.
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📌 Conclusion and Suggestions (For Reference Only):
• Short-term View: As long as the price does not fall below the trendline ($0.0236), a bullish outlook can be maintained. Aggressive traders may consider buying at this support zone.
• Conservative Strategy: Wait for an effective breakout above $0.0285 and confirm entry on a retracement without breaking.
• Risk Point: If it falls below the trendline, it may retest the $0.021-$0.019 range.
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🚀 Points of Attention:
• Whether it can break out with volume above $0.0285;
• The market's perception of the GPS project's fundamentals/collaboration direction (whether there are public chains, DePIN, or mapping implementations).$GPS