Based on the 4-hour market structure, $GPS is shaping up a beautifully constructive bullish pattern characterized by a steady accumulation phase followed by higher macro lows. After surging away from its deeper accumulation levels near 0.00680, the price faced a volatile rejection but successfully established a rock-solid support floor around the 0.00732 region. The subsequent price action shows a gradual, well-paced recovery, with the bulls absorbing overhead liquidity and pressing tightly against the key local resistance barrier around 0.00761. This tight consolidation right beneath the local highs suggests that a major breakout is simmering as selling pressure dries up. If the current momentum breaks the immediate 0.00770 ceiling, it will likely pave the way for a swift, aggressive continuation phase toward higher psychological levels.
Target 1: 0.00810
Target 2: 0.00860
Target 3: 0.00920
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