【$GPS Signal】Short squeeze rebound, long positions hidden

$GPS 1H timeframe surges then pulls back, buying depth severely imbalanced, sell orders are 62% thicker than buy orders. 4H Bollinger Bands just opened, price broke above the upper band, but 1H RSI hit 78.5, indicating short-term overheating.

Price repeatedly tests around 0.0101, bullish momentum still present. Do not chase the high here, wait for a proper pullback.

⚡Entry orders: Long positions hidden around 0.0095, reference range 0.009018 - 0.010057.

🛑Stop loss: 0.008656, a break below this level indicates a deep pullback and structural breakdown.

🚀Target 1: 0.010112, near the previous high, also the previous resistance zone on the 1H level.

🚀Target 2: 0.010152, an extension target after breaking the previous high.

🛡️Trade management: - Execute strategy: Take half profit at Target 1, move remaining stop loss up to entry price. If price cannot hold above 0.0100, consider exiting all positions.

Funding rate -0.0275%, bears are paying, but price isn't falling, a typical fuel for short squeeze. 1H MACD fast and slow lines are still expanding upwards, but the histogram shows signs of narrowing; waiting for a pullback to restore indicators would be healthier. 4H buy volume on the latest candle is large, but the buy-sell ratio hasn't kept up, indicating disagreement at higher levels. Risk-reward ratio is close to 1:1, with decent probability, key depends on the strength of the pullback support.

Check real-time quotes 👇 $GPS
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