🔥 $GPS just made a 32% move — but the next move may be more important than the pump itself.
$GPS is trading around $0.01645 on the 1H chart, after a sharp breakout from the $0.0093–$0.0110 area. The move came with massive activity: Binance’s screenshot shows roughly 48.84B GPS in 24H volume and $776M USDT turnover.
Now comes the critical part.
Price is holding above the MA25 at $0.01597, keeping the short-term structure bullish. But the $0.0166–$0.0170 region is acting as immediate resistance, while $0.01859 is the key liquidity/high zone. A clean break above $0.01859 could signal continuation; rejection there could trigger profit-taking.
On the downside, $0.0159 is the first level I’d watch, followed by $0.0149–$0.0150. RSI(14) is around 64, showing strong momentum without being extremely overbought, while Stoch RSI is already near the lower zone—so volatility can remain high.
My take: I wouldn’t chase a green candle here. I’d rather watch whether GPS holds the breakout zone and how buyers react around resistance.
Would you wait for a pullback, or trade the breakout above $0.01859?
#GPS #GoPlusSecurity
$GPS is trading around $0.01645 on the 1H chart, after a sharp breakout from the $0.0093–$0.0110 area. The move came with massive activity: Binance’s screenshot shows roughly 48.84B GPS in 24H volume and $776M USDT turnover.
Now comes the critical part.
Price is holding above the MA25 at $0.01597, keeping the short-term structure bullish. But the $0.0166–$0.0170 region is acting as immediate resistance, while $0.01859 is the key liquidity/high zone. A clean break above $0.01859 could signal continuation; rejection there could trigger profit-taking.
On the downside, $0.0159 is the first level I’d watch, followed by $0.0149–$0.0150. RSI(14) is around 64, showing strong momentum without being extremely overbought, while Stoch RSI is already near the lower zone—so volatility can remain high.
My take: I wouldn’t chase a green candle here. I’d rather watch whether GPS holds the breakout zone and how buyers react around resistance.
Would you wait for a pullback, or trade the breakout above $0.01859?
#GPS #GoPlusSecurity