$GPS is finally entering a consolidation phase on the 1Hr chart π
After that crazy pump, Iβm 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 doesnβt mean the bullish structure is dead.
Hereβs how Iβm watching it:
π’ Bullish setup:
Breaks and holds above the recent high β momentum can come back quickly.
Next zones Iβm watching: $0.020 β $0.023
π΄ Bearish setup:
If $0.014 breaks, the structure gets weaker and we could see an expansion toward $0.012 β $0.011.
But thereβs another interesting possibility π
If #GPS dips deeper toward $0.0145, I wouldnβt 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. π―
This thing is volatile as hell, so manage the size properly.
After that crazy pump, Iβm 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 doesnβt mean the bullish structure is dead.
Hereβs how Iβm watching it:
π’ Bullish setup:
Breaks and holds above the recent high β momentum can come back quickly.
Next zones Iβm watching: $0.020 β $0.023
π΄ Bearish setup:
If $0.014 breaks, the structure gets weaker and we could see an expansion toward $0.012 β $0.011.
But thereβs another interesting possibility π
If #GPS dips deeper toward $0.0145, I wouldnβt 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. π―
This thing is volatile as hell, so manage the size properly.
β€βπ₯1π1