$GMX /USDT bull run alert š¢š²
LONG TRADE SIGNAL ā STRONG REBOUND FROM DEMAND ZONE!
$GMX has shown a powerful 8% bounce from the $15.00ā$15.50 demand region, now trading around $17.10. Bullish momentum is increasing with rising volume and a clear higher low structure forming on the 4H chart ā indicating the potential for a continued move toward key resistance zones.
Trade Setup (LONG):
Entry Price: $16.80 ā $17.20
Target 1: $18.00
Target 2: $18.80
Stop Loss: $15.80
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Why Long?
GMX held firm at the $15.00 psychological level and pushed above $17 with expanding bullish candles and MACD crossover confirmation. RSI is trending upward without being overbought, suggesting more upside potential. A clean break above $17.30 could trigger additional buy pressure.
Risk Management Tip:
Use 2ā3% of your capital and trail SL after hitting Target 1 to lock in profits. Exit trade if price falls below $15.80 support zone.
Buy and Trade here on$GMX
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