$GMX Bullish Momentum Alert! 🚀🔥

$GMX is showing strong recovery from its $9.58 low, now trading at $11.57 and pushing toward the 24h high of $11.70. Volume is healthy, signaling a potential trend continuation in the DeFi space.

Key Levels:

Support: $9.58

Resistance: $11.70

Pivot: $11.20

Entry Zone:

Buy around $11.10–$11.60, ideally waiting for dips to $11.20 with confirmation of higher lows.

Targets:

Target 1: $12.40

Target 2: $13.00

Target 3: $13.80 (trend extension zone)

Stop Loss:

Place stop around $10.60 or $9.90 for wider risk management.

Pro Tip:

Watch for a breakout above $11.70 with increasing volume. If DeFi sentiment remains strong, GMX could push towards $13+. Keep an eye on ETH, as it often leads GMX price movements. Let's go trade $GMX!