Why $GPS pump?
The recent pump in GPS/USDT is driven by a clear technical breakout and strong buying pressure rather than random hype. Price successfully broke above the major resistance zone around 0.0105–0.0110, which had capped price action for a long time. After this breakout, GPS started trading above EMA 7, EMA 25, and EMA 99, confirming a solid bullish market structure. The sharp increase in trading volume during this move shows that the rally is supported by real demand, not thin liquidity. This breakout also triggered short covering and attracted momentum traders, accelerating the upside move.
Another key factor behind this pump is market psychology and accumulation behavior. GPS spent a long period consolidating near the 0.0092–0.0095 support range, forming a strong base. Once buyers gained control, price expanded rapidly as FOMO buyers entered the market, pushing GPS toward new local highs. Momentum indicators remain strong, although short-term pullbacks or sideways consolidation would be healthy after such a fast move. As long as GPS holds above its newly formed support levels, the overall trend remains bullish with continued upside potential.
