๐ GPS Trade Setup: Key Levels & Potential Rebound ๐
GoPlus Security (GPS) is showing signs of consolidation, trading at $0.0348. With strong technical levels in play, is a 20-30% rebound possible? Letโs analyze: ๐ Key Levels to Watch:
๐น Support: $0.0325 / $0.0300
๐น Resistance: $0.0380 / $0.0405
๐ Technical Indicators:
โ 50-Day SMA: $0.0350 โ Holding near trend support
โ 200-Day SMA: $0.0330 โ Long-term support intact
โ RSI: 45 (Neutral) โ No clear overbought/oversold signal
๐ Trade Setup:
โข Bullish: A break above $0.0380 could drive a 20-30% rally toward $0.0405, with the next target at $0.0530.
โข Bearish: Losing $0.0325 may test $0.0300, a crucial support.
๐ Market Outlook:
A potential bounce depends on volume increase & market sentiment. Keep an eye on Binance activity & whale movements for confirmation.
๐ฌ Will GPS break out soon? Drop your thoughts!
Not financial advice. DYOR.
