$GMX /USDT Downtrend 💯 🔥 Don't Miss Out

Current Price: $12.85

Today’s Gain: +2.31%

Volume: 144,500 GMX

Category: DeFi | Weak Structure Below Support

Why Short GMX Now:

GMX is failing to stay above $13.00. Price dropped from $13.04 to $12.71 recently. Sellers are active and price is near support. If it breaks $12.70, a further drop is expected.

Important Price Levels:

Resistance: $13.00 and $13.20

Support: $12.70 and $12.40

Trade Plan for Spot and Futures:

Sell Between: $12.80 – $12.90

Stop Loss: Above $13.05

Targets:

Target 1: $12.50

Target 2: $12.20

Target 3: $11.80

Summary:

GMX is weak near $12.70. If price breaks this support with volume, the downtrend may continue. This is a short opportunity for futures traders. Use stop loss to manage risk.

Trade here on $GMX