$GPS
EP: $0.01250
TP1: $0.01550
TP2: $0.01800
TP3: $0.02200
SL: $0.01080
• Trend: $GPS is trading in a compressed range after heavy short liquidations, showing signs of price stabilization rather than continuation to the downside. The market is no longer making lower lows, which signals selling pressure is weakening.
• Momentum & Structure: Momentum is slowly turning positive on lower timeframes, with buyers defending the same support zone multiple times. This behavior usually precedes expansion, not breakdown.
• Why Price Moves Higher: Liquidity above $0.01450 remains untouched. Once price reclaims that zone, stops from short positions can fuel a controlled push toward higher resistance targets. $GPS
