$GPS Perp — Momentum With Volatility Risk
GPS is experiencing a volatility-driven move. While upside momentum is strong, price is extended from equilibrium and may rotate before continuation.
Market overview
The trend is intact but stretched. Expect sharper pullbacks compared to slower trending assets.
Key resistance levels
0.01420 — immediate barrier
0.01580 — extension target
0.01750 — major resistance
Key support levels
0.01260 — pullback demand
0.01180 — structural support
0.01090 — trend invalidation
Trade plan
Prefer entries only after pullback stabilization near 0.01260
Breakout entry only if price holds above 0.01420 with sustained volume
Targets
T1: 0.01580
T2: 0.01750
T3: 0.01900
Pro tip
High-volatility assets require smaller position size. Risk management matters more than entry precision.