š $GMX /USDT Rejection at $13.20, Short in Play! šØ
$GMX faced a strong rejection near $13.20ā$13.40, now printing lower highs on the 30m chart. Weak bounce = seller dominance building.
š» SHORT Trade Setup:
⢠Entry Zone: $12.95 ā $13.10
⢠TP1: $12.60
⢠TP2: $12.20
⢠TP3: $11.85
⢠Stop Loss: $13.40
š Market Insight:
Bearish structure + fading volume confirms exhaustion. A 30m candle close below $12.85 with rising sell pressure could accelerate the drop. Eyes on red candle volume momentum may flip quickly.