🚀 $GPS /USDT Technical Analysis (1D Chart) 💸 Current Pri
CryptoPotato
Updated at: 4 hours ago
{"content":"🚀 $GPS /USDT Technical Analysis (1D Chart)
💸 Current Price: $0.0285 (+23.91%)
📊 Moving Averages:
MA(7): $0.0235
MA(25): $0.0234
✅ Price has exploded above both short-term MAs with a clean bullish engulfing candle — momentum has shifted hard.
⚡ Breakout From Multi-Week Accumulation
GPS has spent nearly 2 months in a tight range between $0.020 and $0.025.
Today’s candle ripped through resistance with conviction, signaling the end of consolidation.
Volume likely surged (not shown here) — typical of a true breakout, not a fakeout.
🧠 Technical Outlook:
First major upside target is the $0.031–$0.033 range — previous local structure from April.
If bulls maintain momentum, a gap fill run toward $0.040–$0.045 isn’t out of the question in coming days.
Watch for backtest of $0.025–$0.026 zone — could flip into strong support.
🧱 Key Levels:
Support: $0.0250 → $0.0235 (MA7)
Resistance: $0.0305 → $0.0330 → $0.0375
🎯 Trade Setup Notes:
Breakout traders may ride this momentum with a stop just below $0.0255.
Aggressive buyers may chase with eye on $0.031–$0.033 short-term targets.
Be alert for profit-taking wicks in low-liquidity conditions.
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/08/b5a55e78b19a42d88d5bd2dc04fa59f2.png"],"tags":[],"tradingPairs":["GPS/USDT"],"quotearticleid":0}