🚀 $GMX /USDT – DeFi Giant Waking Up? Reversal Signals Flashing! ⚡
$GMX has bounced strongly from $12.25 lows, now trading at $13.19, reclaiming EMA(7) at $13.07 with momentum.
This marks a potential trend reversal after a period of consistent decline.
A break above $13.27 could trigger a move toward the EMA(25) at $13.65, reclaiming mid-term strength.
If bulls hold control, next resistance sits around $13.81, with room to stretch toward $14.68.
Volume and price action both support a bullish recovery setup in play.
Eyes on a reclaim of EMA(99) at $14.80 to validate long-term uptrend.
Tight structure offers excellent R:R with clear invalidation below support.
Use this bounce to ride momentum with strategic levels in place.
🟢 Trade Setup – LONG
🎯 TP1: 13.65 | TP2: 13.81 | TP3: 14.68
🛡️ Stop Loss: 12.05
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