$GPS / - Strong rebound from the support level and a clear breakout above $0.0275!
Its price has risen by nearly 10% after rebounding from its lowest level at $0.0247, forming a series of higher lows on the 15-minute chart.
The price has just surpassed the key resistance level at $0.0275, indicating increasing bullish momentum.
The price action supports continued upward movement as long as the price remains above the support level of $0.0270.
The next resistance is around the $0.030 area.
Trading Setup (Long):
Entry Point: $0.0276 - $0.0279
Take Profit:
First Profit Target: $0.0289
Second Profit Target: $0.0300
Third Profit Target: $0.0312
Stop Loss: $0.0262
Margin: 2-3% of the portfolio
Leverage: 10 times
Buy and trade here on $GPS
