๐Ÿšจ $GMX /USDT โ€“ SHORT TRADE SIGNAL ๐Ÿšจ

Current Price: $15.96 (+6.05%)

24H Range: $14.91 โ€“ $16.18

๐Ÿ“‰ Key Levels:

โ€ข Resistance: $16.15

โ€ข Support: $15.60

โ€ข Breakdown Trigger: $15.90

๐Ÿ”ป Short Setup:

โ€ข Entry Zone: $15.90 โ€“ $16.10

โ€ข TP1: $15.60

โ€ข TP2: $15.20

โ€ข TP3: $14.85

โ€ข Stop Loss: $16.25

๐Ÿ“Š Market Insight:

$GMX surged to $16.18 but is facing rejection. Multiple red candles near resistance suggest exhaustion. Structure is turning bearish with signs of topping.

๐Ÿ’ก Execution Tip:

Wait for a firm candle close below $15.90 with sell volume to confirm. Ideal short entries form on weak bounces below $16.10.

โš ๏ธ Caution: Momentum is fading fast โ€” execute tightly and manage risk aggressively.