$GMX

/USDT REJECTION FROM LOCAL PEAK – SHORT-TERM SELL PRESSURE BUILDING!

$GMX /USDT surged toward $17.92 but failed to sustain above the $17.00 mark, leading to a sharp pullback back to $16.80. The hourly chart shows multiple wicks to the upside, signaling strong resistance and a possible shift in short-term sentiment.

Trade Setup (SHORT SCALP):

Entry Zone: $16.80 – $17.00

Target 1: $16.30

Target 2: $15.90

Stop Loss: $17.30

Market Outlook:

The price is losing bullish momentum after tapping near $18.00. Until GMX reclaims and holds above $17.30 with volume, the market favors a minor correction. Volatility is high — traders should remain agile.

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Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!

This is your signal. Tap in before the next breakout candle!

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