$GMX /USDT LONG TRADE SIGNAL – REVERSAL BOUNCE FROM INTRADAY SUPPORT!🔥💯

Entry Price: $15.70

Target 1: $15.90

Target 2: $16.05

Target 3: $16.30

Stop Loss: $15.58

Why Long?

$GMX bounced from the $15.50 support zone after a sharp decline, printing a bullish engulfing candle on the 15-minute chart. This marks a potential short-term trend reversal, supported by decreasing bearish momentum and buyers stepping in near the daily low.

With volume recovering and a micro double-bottom forming, the setup favors a push toward $16.00 and above if intraday strength sustains.

Risk Management Tip:

Lock in gains at TP1 and shift SL to entry to protect against reversals. Ride trend continuation only if candles remain above $15.65.

Buy and Trade here on $GMX

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