$GMX Rally Losing Steam? Bears Eye a Clean Reversal❗$GMX just spiked into the $14.90 zone, printing a sharp wick near local highs textbook signal of buyer fatigue. The momentum is still hot, but signs of a potential pullback are flashing.

Current Price: $14.80 (+5.56%)

24H High: $14.92 | 24H Low: $13.88

Key Resistance: $14.90 – $15.00

Support Levels: $14.40 / $14.00

Short Plan:

• Entry Range: $14.75 – $14.90

• TP1: $14.40

• TP2: $14.00

• Stop: $15.05

Momentum Check:

RSI(6): 82.02 (Overbought)

StochRSI/MASTOCHRSI: Both around 98.5—extreme levels hint at exhaustion

Volume is fading despite new highs classic reversal setup brewing.

Confirmation Tip: A solid 1H close below $14.70 would confirm bearish pressure. If bulls can’t reclaim strength fast, expect a dip.

The bulls pushed hard but the bears are circling. Trade the fade with discipline!

buy and trade here $GMX