๐จ $GMX /USDT โ SHORT TRADE SIGNAL ๐จ
Current Price: $15.96 (+6.05%)
24H Range: $14.91 โ $16.18
๐ Key Levels:
โข Resistance: $16.15
โข Support: $15.60
โข Breakdown Trigger: $15.90
๐ป Short Setup:
โข Entry Zone: $15.90 โ $16.10
โข TP1: $15.60
โข TP2: $15.20
โข TP3: $14.85
โข Stop Loss: $16.25
๐ 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.
๐ก 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.
โ ๏ธ Caution: Momentum is fading fast โ execute tightly and manage risk aggressively.