$GPS Oversold Alert! Will Bulls Step In at $0.02060 Support?
GPS is battling heavy selling pressure, currently priced at $0.02068, down 8.70% for the day. The coin is holding just above the key support zone near $0.02060, but buyers need to act fast or risk further breakdowns.
Resistance Levels to Watch
• Immediate Resistance: $0.02100
• Next Hurdle: $0.02130
• Major Breakout Zone: $0.02150
Break above $0.02150 could push toward recovery targets:
• Target 1: $0.02200
• Target 2: $0.02300
Support Zone
• Key Support: $0.02050 – if this fails, expect:
• Target 1: $0.01980
• Target 2: $0.01900
Quick Trade Setup
• Long Entry (Breakout Play): Above $0.02110
• Target 1: $0.02150
• Target 2: $0.02250
• Stop Loss: Below $0.02050
• Short Entry (Breakdown Play): Below $0.02050
• Target 1: $0.01980
• Target 2: $0.01900
Final Take:
GPS is hovering at make-or-break support. A bounce from here could trigger a fast rebound, but a breakdown below $0.02050 may send it tumbling toward lower lows. Watch the volume closely for early confirmation.