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