📊 $GMX 💯🔥
/USDT Technical Analysis – Short Summary
Current Price: $16.27
Trend: Bullish Momentum (↑ +6.69% in 24h)
Volume & Volatility: High volume and price action near 24h high indicates strong buyer interest.
🧭 Trade Signal: LONG
Entry Zone: $16.20 – $16.30 (on minor pullback or breakout above $16.31)
Stop-Loss (SL): $15.80 (below support level)
🎯 Target Levels:
🎯 Target Price Level Description
T1 $16.90 First resistance – quick profit
T2 $17.40 Previous swing high
T3 $18.20 Strong resistance, potential breakout level
🚀 Trade Momentum:
Momentum Indicator: Positive
MACD: Bullish crossover (if confirmed on 1h/4h charts)
RSI: Likely heading toward 60–70 (but not overbought yet)
Trend Bias: Short-term bullish continuation