$GMX Holds Above Key Support Zone!!!!
Is this a smart re-entry point or just a pause before more downside????
$GMX is stabilizing after a recent drop, hovering near critical structure support.
Current Price: $16.90
Key Levels to Watch:
Support: $16.20
Resistance: $18.00
Trade Setup:
Entry Zone: $16.60 – $17.00
Targets:
Target 1: $17.60
Target 2: $18.20
Target 3: $19.00
Stop Loss: $15.90
Suggestion:
Consider entries on dips with strict stop management.