$GMX Climbing With Strength Bulls Target $13+ Breakout

$GMX continues its steady uptrend, now trading at $12.77 (+2.16%), closing in on the 24H high of $12.81. The 1H chart shows a clean bullish channel with consistent higher lows and tight consolidation before each leg up — signaling strong buyer momentum.

Long Trade Setup:

• Entry Zone: $12.70 – $12.78

• Target 1: $12.95

• Target 2: $13.20

• Target 3: $13.60

• Stop Loss: $12.45

Technical Insight:

GMX is showing healthy trend continuation. With buyers stepping in above $12.60 support, a breakout above $12.80 could drive it toward the psychological $13.00 level and beyond.