Come on, let me talk to the brothers: $GPS —what’s the current landscape?
Many people see that short accounts make up 65% and think it means the price will drop. But if you look at the data carefully, you’ll find an interesting phenomenon:
Shorts are decreasing, while longs are increasing.
The long/short ratio has climbed from 0.51 to 0.54. This is even more obvious on big accounts: from 0.78 to 0.79. That means the proportion of shorts is narrowing, and smart money is gradually replenishing longs.
What about the price? From a low of 0.01061 it was pulled up to 0.01091—up 1.1% and holding steady.
So what does this indicate?
With so many shorts pressing down, the price doesn’t fall but rises—this suggests there are buyers underneath who are quietly absorbing.
GPS is the token of GoGoCoin. It’s building a decentralized GPS positioning + DePIN track. DePIN has been the direction where capital rotates repeatedly this year. Every time the narrative heats up, it drives the sector to catch up.
Now, 0.0106–0.0109 is the bottom zone of this pullback. Volume is cooperating with a mild increase—this isn’t a violent spike; it’s a steady push. This kind of chart action is the healthiest.
Trading reference:
Entry zone: 0.0107–0.0109
Stop loss: 0.0104 (exit if there is an effective breakdown)
Target 1: 0.0120
Target 2: 0.0135
Short positions aren’t scary. What matters is that shorts are shrinking and the price is rising—that’s the real signal.
Many people see that short accounts make up 65% and think it means the price will drop. But if you look at the data carefully, you’ll find an interesting phenomenon:
Shorts are decreasing, while longs are increasing.
The long/short ratio has climbed from 0.51 to 0.54. This is even more obvious on big accounts: from 0.78 to 0.79. That means the proportion of shorts is narrowing, and smart money is gradually replenishing longs.
What about the price? From a low of 0.01061 it was pulled up to 0.01091—up 1.1% and holding steady.
So what does this indicate?
With so many shorts pressing down, the price doesn’t fall but rises—this suggests there are buyers underneath who are quietly absorbing.
GPS is the token of GoGoCoin. It’s building a decentralized GPS positioning + DePIN track. DePIN has been the direction where capital rotates repeatedly this year. Every time the narrative heats up, it drives the sector to catch up.
Now, 0.0106–0.0109 is the bottom zone of this pullback. Volume is cooperating with a mild increase—this isn’t a violent spike; it’s a steady push. This kind of chart action is the healthiest.
Trading reference:
Entry zone: 0.0107–0.0109
Stop loss: 0.0104 (exit if there is an effective breakdown)
Target 1: 0.0120
Target 2: 0.0135
Short positions aren’t scary. What matters is that shorts are shrinking and the price is rising—that’s the real signal.
