🚨 $GPS IS CONSOLIDATING AFTER A POWERFUL BREAKOUT
GPS surged from the $0.0100 demand zone and gained more than 60% before entering a volatile consolidation near $0.0163.
The long wicks around the current range show active profit-taking, but buyers are still defending the structure above $0.0155. This level may decide whether the move continues or enters a deeper correction.
My preferred setup:
• Pullback holds $0.0157–$0.0160
• Or a 1H close above $0.0168 followed by a clean retest
🎯 TP1: $0.0173
🎯 TP2: $0.0180
🎯 TP3: $0.0190
🛑 SL: $0.0152
A loss of $0.0152 could expose $0.0145 and $0.0139 next. The major demand base remains around $0.0099–$0.0100.
The crowd sees a pump. I’m watching whether GPS can turn this breakout into a stable support structure. Avoid chasing inside a wick-heavy range.
Continuation or distribution?
#GPS #Crypto #Altcoins
GPS surged from the $0.0100 demand zone and gained more than 60% before entering a volatile consolidation near $0.0163.
The long wicks around the current range show active profit-taking, but buyers are still defending the structure above $0.0155. This level may decide whether the move continues or enters a deeper correction.
My preferred setup:
• Pullback holds $0.0157–$0.0160
• Or a 1H close above $0.0168 followed by a clean retest
🎯 TP1: $0.0173
🎯 TP2: $0.0180
🎯 TP3: $0.0190
🛑 SL: $0.0152
A loss of $0.0152 could expose $0.0145 and $0.0139 next. The major demand base remains around $0.0099–$0.0100.
The crowd sees a pump. I’m watching whether GPS can turn this breakout into a stable support structure. Avoid chasing inside a wick-heavy range.
Continuation or distribution?
#GPS #Crypto #Altcoins