For next 24 hour, I would not claim a guaranteed target. The setup is bullish but extremely volatile. $GPS has exploded today, gaining around 38% in 24H, while trading volume jumped more than 1,200% — showing serious market attention. 📈
The immediate battle is around $0.0155–$0.0160. A clean breakout with sustained volume could open the door toward $0.0170+.
But after such a violent move, profit-taking is the biggest short-term risk. A rejection near resistance could send GPS back toward the $0.0140 area.
If buyers defend $0.014 and volume remains strong, the bullish momentum could continue through the next 24H.
⚠️ A break below $0.0130 would seriously weaken the current bullish structure.
🔥 Bull case: $0.016 breakout → $0.017+ possible.
⚠️ Bear case: rejection → $0.014 support retest.
My view: GPS has strong momentum, but after a +38% move, confirmation is safer than chasing the candle. Watch volume + $0.014 support closely.
#ChinaJulyOutputRetailInvestmentAllMiss #SECReviewsSix3xLeveragedCommodityETFs #SP500TopsRecord7800 #USToPressNationsToPickUSOrChinaAICoalition
The immediate battle is around $0.0155–$0.0160. A clean breakout with sustained volume could open the door toward $0.0170+.
But after such a violent move, profit-taking is the biggest short-term risk. A rejection near resistance could send GPS back toward the $0.0140 area.
If buyers defend $0.014 and volume remains strong, the bullish momentum could continue through the next 24H.
⚠️ A break below $0.0130 would seriously weaken the current bullish structure.
🔥 Bull case: $0.016 breakout → $0.017+ possible.
⚠️ Bear case: rejection → $0.014 support retest.
My view: GPS has strong momentum, but after a +38% move, confirmation is safer than chasing the candle. Watch volume + $0.014 support closely.
#ChinaJulyOutputRetailInvestmentAllMiss #SECReviewsSix3xLeveragedCommodityETFs #SP500TopsRecord7800 #USToPressNationsToPickUSOrChinaAICoalition