For $GPSUSDT 15m, this looks more interesting than ACE, but the current price is at a decision point.📊
GPS setup
Current: ~0.01520
Fib 0.786: 0.01580 → immediate resistance
Fib 0.618: 0.01444 → key support
Rising trendline is currently around 0.0145–0.0147
Strong rejection from 0.0175 created the sharp pullback.
🟢 Long scenario
The important thing is that price held the 0.01444 Fib + rising trendline and bounced. I would want:
15m close above 0.0158 + volume Then targets:
TP1: 0.0162
TP2: 0.0170
TP3: 0.0175
A clean break above 0.0175 could open another leg higher.
🔴 Bearish scenario
If 0.0144 breaks and the rising trendline is lost, the bullish structure weakens considerably. Next levels:0.01349
0.01254
🎯 My read
Slight bullish bias, but I would NOT enter at 0.01520.
It's sitting between support and resistance. The cleaner trade is either: LONG: 0.0158 breakout → retest → entry
OR
LONG: 0.0145-ish only if the trendline/Fib support gives a clear bullish reaction. If you're looking for a quick 15m scalp, I'd favor waiting for the 0.0158 breakout rather than guessing the bottom.
#GPSUSDT $GPS
GPS setup
Current: ~0.01520
Fib 0.786: 0.01580 → immediate resistance
Fib 0.618: 0.01444 → key support
Rising trendline is currently around 0.0145–0.0147
Strong rejection from 0.0175 created the sharp pullback.
🟢 Long scenario
The important thing is that price held the 0.01444 Fib + rising trendline and bounced. I would want:
15m close above 0.0158 + volume Then targets:
TP1: 0.0162
TP2: 0.0170
TP3: 0.0175
A clean break above 0.0175 could open another leg higher.
🔴 Bearish scenario
If 0.0144 breaks and the rising trendline is lost, the bullish structure weakens considerably. Next levels:0.01349
0.01254
🎯 My read
Slight bullish bias, but I would NOT enter at 0.01520.
It's sitting between support and resistance. The cleaner trade is either: LONG: 0.0158 breakout → retest → entry
OR
LONG: 0.0145-ish only if the trendline/Fib support gives a clear bullish reaction. If you're looking for a quick 15m scalp, I'd favor waiting for the 0.0158 breakout rather than guessing the bottom.
#GPSUSDT $GPS