GPS this wave of market movement is truly incredible—initially bottomed out at $0.005722, then buying pressure directly entered the market, causing the price to rise from the trough with unstoppable momentum. In a short period, it surged to a new high of $0.008036, although it retraced to $0.007343, the intraday increase has already reached 24.65%. The 24-hour trading volume exceeded 213 million USDT, with a trading volume of 28.882 billion, and the market's trading activity continues to explode. This performance indicates that a large amount of capital has completed accumulation at low levels and started to push strongly, with the previous low point now serving as a "super launch pad" for takeoff.
Let's talk about how to operate—
Don't think about chasing the high for now. It's best to wait for a pullback to the $0.006800-$0.007000 range. Entering with a small position will be more solid, relying on recent key support levels for a more stable layout.
What are the target levels? The first target is $0.007500, the second is $0.007800. If it can break through the previous high, it can aim for $0.008000.
Risk control is the most important—set the stop-loss at $0.006600. Once it falls below this price, the short-term upward trend is likely to weaken.
From the data, a 7-day increase of 39.76% and a 30-day increase of 24.42% clearly reflect GPS's strong short-term upward momentum. Although it has fallen 17.12% over 90 days and 69.92% over 180 days, indicating medium-term pressure, the current upward logic is extremely strong. As long as you hold the $0.006600 line, you can confidently remain bullish. Friends who are shorting don't need to participate now; for such violently rising tokens, contrarian trading will only lead to being crushed by the market. Long-term investors should be patient, wait for a pullback to buy low, and only then can they more safely profit from this wave. At the same time, control your position size to prevent risks from short-term large fluctuations.
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GPS this wave of market movement is truly incredible—initially bottomed out at $0.005722, then buying pressure directly entered the market, causing the price to rise from the trough with unstoppable momentum. In a short period, it surged to a new high of $0.008036, although it retraced to $0.007343, the intraday increase has already reached 24.65%. The 24-hour trading volume exceeded 213 million USDT, with a trading volume of 28.882 billion, and the market's trading activity continues to explode. This performance indicates that a large amount of capital has completed accumulation at low levels and started to push strongly, with the previous low point now serving as a "super launch pad" for takeoff.
Let's talk about how to operate—
Don't think about chasing the high for now. It's best to wait for a pullback to the $0.006800-$0.007000 range. Entering with a small position will be more solid, relying on recent key support levels for a more stable layout.
What are the target levels? The first target is $0.007500, the second is $0.007800. If it can break through the previous high, it can aim for $0.008000.
Risk control is the most important—set the stop-loss at $0.006600. Once it falls below this price, the short-term upward trend is likely to weaken.
From the data, a 7-day increase of 39.76% and a 30-day increase of 24.42% clearly reflect GPS's strong short-term upward momentum. Although it has fallen 17.12% over 90 days and 69.92% over 180 days, indicating medium-term pressure, the current upward logic is extremely strong. As long as you hold the $0.006600 line, you can confidently remain bullish. Friends who are shorting don't need to participate now; for such violently rising tokens, contrarian trading will only lead to being crushed by the market. Long-term investors should be patient, wait for a pullback to buy low, and only then can they more safely profit from this wave. At the same time, control your position size to prevent risks from short-term large fluctuations.