Price Position and Structural State
GoPlus Security (GPS) closed at 0.007179 USDT on May 29, 2026, down 1.56%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.00648 USDT, with resistance near 0.01069 USDT. A daily close below 0.00648 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
GPS is trading above short-term moving averages but remains below longer-term resistance. MA14 at 0.0070991 USDT can act as near-term support for the recovery attempt, while MA20 at 0.0073052 USDT is the key level to reclaim for a broader trend shift. Short-term structure has improved, but longer-term moving averages still show overhead resistance.
Trading Friction and Price Efficiency
GPS shows moderate trading friction, with a 3-day friction score of 36.5. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest increased +10.19% in one day but remains near the lower side of its 180-day range. This shows participation is improving from a low leverage base.
Funding is positive on the 24-hour average at +0.005000%, with the 7-day average also positive at +0.003626%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 0.57, sitting near the lower side of its 180-day range at 10.14%. This means short accounts dominate, with the long/short reading near the low side of recent history.
Correlation, Beta, and Index Relationship
GPS shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.122 | 0.293 | 0.015 | Weak linkage |
| 60D | 0.182 | 0.493 | 0.033 | Weak linkage |
| 180D | 0.08 | 0.177 | 0.006 | Weak linkage |
Momentum, Volatility, and Indicator Pressure
GPS remains in a low-volatility setup. ATR% reads 8.23, close to the bottom of its full historical range, and Bollinger Band width% reads 28.08, close to the bottom of its full historical range. 20-day Volume Z-score is 0.12, so participation is not forcing a broader move yet.
MACD histogram has turned positive, while RSI is 47.23 and ROC14 is -16.78%. Short-term impulse is trying to turn first, but broader momentum and acceleration still lag.
The read is early: some pressure is improving, but the asset remains compressed. A better signal would need range expansion and stronger volume.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. GPS has a weak link to that market condition, so price behavior depends mainly on asset specific structure rather than the broader market.
Key Levels for the Next State Change
For GPS, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.01069 USDT establishes a bullish regime, while a daily close below 55-day support at 0.00648 USDT confirms a bearish regime.