$GMX BACK ABOVE $16 IS A BIGGER MOVE LOADING❓❓$GMX just reclaimed the $16.00 mark, bouncing strong from the $15.77 support with a +3.17% daily gain. On the 1D chart, price structure looks like a clean reversal with higher lows building since the $12.53 bottom.

If bulls clear $16.40, we could see an aggressive push toward $17.50–$18.00 range, retesting May highs.

📊 Trade Setup (Swing Long):

• Entry: $16.10 – $16.30

• TP1: $17.00

• TP2: $17.80

• SL: $15.50

Volume’s rising and order book leans bullish breakout confirmation is key!