📉 $GMX /USDT – DeFi Giant Testing Crucial Support! 🛠️🔍
GMX is currently trading at $14.73, down 0.61% for the day, after touching a low of $14.26.
Price is hovering just above the Bollinger lower band at $14.11, indicating it’s sitting at a critical support zone.
With 24h volume at 42.5K GMX, traders are watching for a bounce or breakdown near the edge.
📊 Trade Setup:
• Entry Zone: $14.60 – $14.75
• TP1: $15.20 (Mid-Bollinger)
• TP2: $15.80
• TP3: $16.30 (Upper Bollinger)
• Stop Loss: $14.10
Watch closely — GMX may soon decide if it rebounds from support or breaks into deeper waters! 💧⚖️