$GPS [TECHNICAL ANALYSIS – GPS/USDC]
Timeframe: 1D
Trend: Short-term bullish continuation
Sentiment: Cautiously optimistic
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Key Data:
• Current Price: 0.0236 USDC
• 24h High / Low: 0.0246 / 0.0214
• EMA(7): 0.0232
• EMA(25): 0.0228
• EMA(99): 0.0219
• MA(5): 9.04M GPS
• MA(10): 8.92M GPS
• RSI(6/12/24): 56.12 / 52.89 / 50.76
• Volume (24h): ~9.04M GPS / ~207,383.18 USDC
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Key Highlights:
• Entry Point: Potential entry near 0.0220–0.0225, where short-term support aligns with EMA(7).
• Profit Target: First target near EMA(99) at 0.0219, and if broken, the next one near 0.0250.
• Risk: Suggested stop-loss below 0.0215, to limit downside exposure.
• RSI Momentum: RSI values indicate moderate bullish momentum, with RSI(6) showing increasing buying pressure.
• Volume Activity: Rising volume supports the potential continuation of the upward trend.
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Conclusion:
GPS/USDC is showing signs of bullish continuation, with price holding above key moving averages. A breakout above 0.0246 could confirm further upside, targeting 0.0250.
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