$GPS : 4.3x Volume Confirms the Breakout — Bulls Still Have Room to Run
My bias remains bullish on
$GPS . The 1H, daily, and weekly structures are aligned, and the recent +3% expansion on 4.3x volume looks more like genuine continuation than random noise.
Price has broken through the 0.01059 swing high, with the next major supply zone sitting at 0.01150–0.01161. A clean hold above 0.01059 could open the door for another leg higher.
But I am not chasing at 0.01089 with RSI around 77. The preferred entry is a pullback into 0.01048–0.01027, where the impulse left an imbalance. I want to see a 1H pin bar, bullish engulfing candle, or lower-timeframe structure shift before entering.
Take-profits: 0.01150 → 0.01161
Protection should sit beyond the structure flip / latest higher low rather than inside the spike noise.
Invalidation: A 1H close below 0.00984 would invalidate the bullish setup and shift the bias bearish.
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