$GMX /USDT.
Current Price
$16.11 (+4.20% 24h)
Trading at the 24h high ($16.12) โ potential breakout moment
Strong recent upward push from $15.09 low
๐ Market Snapshot:
MetricValue24h High$16.1224h Low$15.0924h Volume (GMX)44,552.3524h Volume (USDT)$690,040.13
๐ Volatility range: ~$1.03 โ clear move with strength
๐ Technical Snapshot:
Trading slightly above recent resistance ($16.00) โ now acting as short-term support.
No visible moving averages provided, but price pushing upper resistance.
Depth shows interest up to $16.18, but likely needs higher volume to sustain.
๐ง Key Technical Levels:
TypePrice RangeNotesResistance$16.12 โ $16.2024h high zoneSupport$15.70 โ $15.90Last consolidation + bidsPullback Entry$15.30 โ $15.50If momentum fails short-termBreakout Target$16.50 โ $16.90Extension target if $16.20 clears
๐งช Trade Setups (Short-Term):
๐ Dip Buy Setup
Entry: $15.70 โ $15.90
Target: $16.10 โ $16.20
Stop: $15.40
๐ผ Momentum Breakout
Entry: $16.13+
Target: $16.50 โ $16.80
Stop: $15.80
โ๏ธ Summary:
Bias: Bullish near breakout โ but volume must increase above $16.12.
Risk: Small pullback to $15.70 possible if $16.12 fails.
Ideal Play: Breakout confirmation above $16.13 or dip near $15.75 with tight stop.
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