#GPS Date: 10.9 Dong Ge’s fourth short-term coin
Ticker: GPS
Entry price: 0.01 (enter with a five-tier position)
Take profit: 0.0125–0.014 Stop loss: 0.0085
Rationale: Technical levels and structure
The current price is around 0.0105, close to the key support level at 0.01. The historical low was around 0.0044; the price has rebounded by over 130% from that low, but there is still considerable room before reaching the ATH (around 0.22).
0.01 is an important technical support level. If the price holds above 0.01 and breaks through 0.011 with increased volume, it could test the resistance zone at 0.0125–0.014 (representing 25%–40% upside).
Some short-term time frames (15m/1h) are showing bullish signals. The RSI is not severely overbought, suggesting there is potential for a rebound.
Risk warning:
Around 109 million tokens (approximately $1.15 million) are scheduled to unlock on October 16, which could create short-term selling pressure. However, there may be a price rally before the unlock, so a short-term trading strategy could still work!
Ticker: GPS
Entry price: 0.01 (enter with a five-tier position)
Take profit: 0.0125–0.014 Stop loss: 0.0085
Rationale: Technical levels and structure
The current price is around 0.0105, close to the key support level at 0.01. The historical low was around 0.0044; the price has rebounded by over 130% from that low, but there is still considerable room before reaching the ATH (around 0.22).
0.01 is an important technical support level. If the price holds above 0.01 and breaks through 0.011 with increased volume, it could test the resistance zone at 0.0125–0.014 (representing 25%–40% upside).
Some short-term time frames (15m/1h) are showing bullish signals. The RSI is not severely overbought, suggesting there is potential for a rebound.
Risk warning:
Around 109 million tokens (approximately $1.15 million) are scheduled to unlock on October 16, which could create short-term selling pressure. However, there may be a price rally before the unlock, so a short-term trading strategy could still work!