On the 1-hour $GPS /USDT chart, price is consolidating above a strong support zone near 0.0100โ0.0103 after a short-term downtrend. Selling pressure appears to be weakening, and price is compressing beneath a descending resistance trendline.
If price holds support and breaks above the trendline, a move toward 0.0120โ0.0125 is likely, with a higher target near 0.0150. A breakdown below 0.0100 would invalidate the bullish view and open downside risk. Overall bias remains cautiously bullish while support holds. ๐ $GPS LONG SCALP TRADE SETUP Leverage: 5 to 10 ร or spot only ๐Entry: CMP ๐DCA : ( $0.0106 )
TP: $0.01180, $0.0126, $0.0135, $0.0150
Stop Loss: $0.010 zone #TradeCryptosOnX #CPIWatch #MarketMeltdown #BinanceAlphaAlert $GPS
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