$GPS is approaching a major breakout zone on the 3D chart.
Price has spent months forming a clear descending trendline, with multiple rejections along the way. Now, GPS is testing the trendline again while holding above the $0.0085–$0.0090 support area.
🔑 Key levels:
• Breakout confirmation: $0.0115–$0.0120
• Support: $0.00856
• Invalidation: $0.00703
• Technical target: $0.15117
A clean 3D candle close above the descending trendline could signal a major trend reversal and open the door toward the higher resistance levels shown on the chart.
⚠️ The $0.151 target is a technical projection, not a guarantee. BTC/market conditions and breakout volume will be important for confirmation.
Watch the breakout. Watch the volume. Don’t chase the candle. 🚀
#GPS
Price has spent months forming a clear descending trendline, with multiple rejections along the way. Now, GPS is testing the trendline again while holding above the $0.0085–$0.0090 support area.
🔑 Key levels:
• Breakout confirmation: $0.0115–$0.0120
• Support: $0.00856
• Invalidation: $0.00703
• Technical target: $0.15117
A clean 3D candle close above the descending trendline could signal a major trend reversal and open the door toward the higher resistance levels shown on the chart.
⚠️ The $0.151 target is a technical projection, not a guarantee. BTC/market conditions and breakout volume will be important for confirmation.
Watch the breakout. Watch the volume. Don’t chase the candle. 🚀
#GPS