$GPS /USDT SHOWING BULLISH CONSOLIDATION – SETTING UP FOR NEXT LEG UP!
$GPS is holding firm at $0.0235 after gaining 7.31% in the last 24 hours. Following a bounce from $0.0213, price is consolidating just below $0.0240 resistance with increasing volume (94M+), hinting at bullish continuation. Market structure remains favorable with higher lows forming on the intraday chart.
Trade Setup (LONG):
Entry Zone: $0.0230 – $0.0236
Targets:
TP1: $0.0250
TP2: $0.0272
Stop Loss: $0.0215
Why Long?
Buyers have maintained pressure above $0.0230, rejecting downside wicks consistently. The current sideways action under resistance indicates accumulation. A breakout above $0.0241 can trigger the next upward leg targeting mid-term highs.
Risk Management Tip:
Always manage your SL below key support to avoid emotional exits. Trail your stop if price breaks $0.025.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!