$GPS is finally entering a consolidation phase on the 1Hr chart đ
After that crazy pump, Iâm not chasing either side here. Let the chart show the next move first.
Right now, MA25 is still holding as the trend-continuation zone, so this pullback alone doesnât mean the bullish structure is dead.
Hereâs how Iâm watching it:
đą Bullish setup:
Breaks and holds above the recent high â momentum can come back quickly.
Next zones Iâm watching: $0.020 â $0.023
đŽ Bearish setup:
If $0.014 breaks, the structure gets weaker and we could see an expansion toward $0.012 â $0.011.
But thereâs another interesting possibility đ
If #GPS dips deeper toward $0.0145, I wouldnât automatically panic. That zone could act as a short-trap / liquidity sweep and potentially give a much cleaner long entry if buyers step back in.
So for now:
No blind entry. No FOMO.
Wait for the breakout confirmation and let the market pick the direction. đŻ
This thing is volatile as hell, so manage the size properly.
#CryptoSatRed
After that crazy pump, Iâm not chasing either side here. Let the chart show the next move first.
Right now, MA25 is still holding as the trend-continuation zone, so this pullback alone doesnât mean the bullish structure is dead.
Hereâs how Iâm watching it:
đą Bullish setup:
Breaks and holds above the recent high â momentum can come back quickly.
Next zones Iâm watching: $0.020 â $0.023
đŽ Bearish setup:
If $0.014 breaks, the structure gets weaker and we could see an expansion toward $0.012 â $0.011.
But thereâs another interesting possibility đ
If #GPS dips deeper toward $0.0145, I wouldnât automatically panic. That zone could act as a short-trap / liquidity sweep and potentially give a much cleaner long entry if buyers step back in.
So for now:
No blind entry. No FOMO.
Wait for the breakout confirmation and let the market pick the direction. đŻ
This thing is volatile as hell, so manage the size properly.
#CryptoSatRed