🚨 $GMX /USDT – Short Setup After Blow-Off Top! 🔥
Current Price: $15.77 🔻
24H Change: +7.06% but momentum fading fast!
📊 Market Structure:
• Strong pump from $14.57 to $16.09
• Rejection candle forming at top range
• Lower highs + early signs of distribution = potential short zone
📉 Short Setup:
Entry Zone: $15.75 – $15.90
🎯 Targets:
• TP1: $15.20
• TP2: $14.70
• TP3: $14.30
🛡 Stop Loss: $16.15
💡 Pro Tip:
Watch for a 15m or 1H candle close below $15.60 for confirmation before entering short. Volume divergence adds extra confluence!
📉 Don’t chase pumps—wait for rejection and ride the fade!
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