【$GPS Signal】Long | Healthy Pullback After Massive Breakout
After completing a massive breakout on the 4H timeframe, the price is consolidating at a high level. This is healthy bullish rotation, not a top-out distribution.
Hardcore logic: The last 4H candle shows a massive volume (1.2 billion) and completes the breakout, but the buy/sell ratio remains stable at 0.51, indicating orderly rotation rather than panic chasing. Open interest (OI) remains stable, combined with negative funding rates, suggesting that bears are still holding passive positions, fueling short squeeze potential. The order book shows dense buy orders (around 0.01024-0.01025), forming a strong support. The price retraced after breaking above the previous high of 0.0099, confirming the breakout. As long as it does not break below this support, the upward structure remains intact.
Trade here 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$GPS Signal】Long | Healthy Pullback After Massive Breakout
After completing a massive breakout on the 4H timeframe, the price is consolidating at a high level. This is healthy bullish rotation, not a top-out distribution.
🎯 Direction: Long
🎯 Entry: 0.01009 - 0.01025
🛑 Stop Loss: 0.00990 $GPS Rigid stop loss, breakdown indicates structure damage (
🚀 Target 1: 0.01150
🚀 Target 2: 0.01280
Hardcore logic: The last 4H candle shows a massive volume (1.2 billion) and completes the breakout, but the buy/sell ratio remains stable at 0.51, indicating orderly rotation rather than panic chasing. Open interest (OI) remains stable, combined with negative funding rates, suggesting that bears are still holding passive positions, fueling short squeeze potential. The order book shows dense buy orders (around 0.01024-0.01025), forming a strong support. The price retraced after breaking above the previous high of 0.0099, confirming the breakout. As long as it does not break below this support, the upward structure remains intact.
Trade here 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market!