$GPS Bullish Breakout Setup
A $1.34K short liquidation at $0.00602 signals rising short pressure and potential upside fuel entering the market.
Breakout Outlook
Price is holding firm after squeezing shorts. As long as demand remains protected, structure favors a bullish continuation with expansion on a resistance reclaim.
Key Levels
Support: $0.00585 – $0.00600
Resistance: $0.00630 – $0.00650
Major Breakout: $0.00685
Trade Setup (Long Bias)
Entry: $0.00600 – $0.00615
Targets: $0.00630 → $0.00685 → $0.00740
Stop Loss: $0.00560
Market Sentiment
Momentum is bullish. Shorts are being forced out, selling pressure is thinning, and a clean break above resistance could lead to accelerated upside continuation.
GPS
0.00934
+13.35%