$GPS
📈 Market Structure
Strong bullish breakout from consolidation.
Price accelerated sharply and is now extended after a pump (+29%).
Last candle shows upper wick / small pullback, hinting at short-term profit taking.
📊 Indicators Read
Bollinger Bands (20,2)
Price is above the upper band (≈0.01259) → overextended.
This usually means cool-off or sideways before next leg.
Moving Averages
Price is well above MB (≈0.01025) → trend is clearly bullish.
Short MAs are steep → momentum is strong but stretched.
Volume
Big volume expansion confirms breakout strength.
No bearish divergence yet → trend still valid.
🔑 Key Levels
Resistance
0.01390 – 0.01420 (recent high zone)
Support
0.01200 – 0.01180 (breakout retest area)
0.01080 – 0.01030 (Bollinger mid / trend support)
🧠 Trade Scenarios
Bullish continuation (preferred)
Wait for a pullback to 0.0120–0.0118
Bullish confirmation → next targets:
🎯 0.0139
🎯 0.0148 – 0.0155
Short-term caution
If price fails to hold 0.0120, expect deeper retrace toward 0.0108
⚠️ Risk Note
Chasing here is risky.
Best entries are pullbacks, not green candles after a pump.