【$GPS Signal】Long | Healthy Pullback After Breakout

$GPS After a volume breakout, the price enters a healthy pullback, consolidating strongly above the breakout level.

🎯 Direction: Long

🎯 Entry: 0.01075 - 0.01095

🛑 Stop Loss: 0.01045 ( Rigid Stop Loss )

🚀 Target 1: 0.0118

🚀 Target 2: 0.0125

Logical Core: After a volume breakout of the 4H-level previous high at 0.01016, the price did not quickly fall back but instead formed a narrow range consolidation at high levels. Key data reveals the main force's intent: 1) Open interest (OI) remained stable during the price increase, ruling out short covering and indicating genuine buying pressure; 2) The latest candlestick shows taker sell volume leading, but the price refuses to drop sharply, indicating effective absorption of selling pressure, which is a healthy reset; 3) Funding rates remain negative, providing a safety margin for bulls and reducing short squeeze risk. Price consolidating above the breakout zone is a strong signal, waiting for structural confirmation for a secondary push.

Trade here 👇 $GPS

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