$GPS /USDT – Long Trade Signal
Current Price: $0.01527
Entry Zone: Above $0.0156
Target 1: $0.0175
Target 2: $0.0200
Stop Loss: Below $0.0142
Trade Rationale:
$GPS has recently rebounded from a low of $0.0142, indicating renewed bullish momentum. A breakout above the $0.0156 resistance level could pave the way toward recent highs around $0.0175 and $0.0200. This setup presents a favorable risk-to-reward ratio for long positions.
Technical Indicators:
Support Levels: $0.0142
Resistance Levels: $0.0156, $0.0175, $0.0200
Momentum: Positive, indicating upward potential
Trend Structure: Bullish, with recent higher lows and higher highs
Risk Management:
Place a stop loss below $0.0142 to mitigate potential downside risk. Monitor for a breakout above $0.0156 to confirm the bullish trend continuation.