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$GPS Current Trend Bullish, potential for continued rise but watch for overbought signals
Current price is currently trading above all major moving averages (MA5=0.00914, MA10=0.00911, MA20=0.00909), indicating a bullish alignment. The long-term MA120 (0.00812) is significantly below, confirming the strong upward trend on higher timeframes.
Recent 1h K-line data shows significant volume spikes during upward moves, supporting bullish breaks. However, the latest candles show declining volume, indicating a potential loss of momentum.
Capital Flow: Contract net inflow over 24h is +730K, indicating strong buying interest in derivatives. Spot net inflow is +410K, confirming genuine buying pressure. Short-term flows (5m to 4h) are positive, supporting continued upward movement.
Entry long
$GPS : retest of 0.0089 support or a breakout above 0.0096 resistance
Stop Loss: 0.0086 proximity to key supports.
Target Price: 0.0098-0.010
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#gps #gpsusdt #GoPlusSecurity