$GMX

long trade setup

Current price :$13.15

24h High/Low: $14.02 / $12.99

$GMX bounced from the $12.99 support with a strong bullish candle to $13.27, indicating a short-term reversal.

🔍 Key Levels:

Support: $13.04 / $12.99

Resistance: $13.27 (recent high), next $13.45 and $13.70

Entry Zone: $13.12 – $13.18 (near current price)

Stop Loss: Below $13.00 (tight risk control)

🎯 Targets:

Target 1: $13.27 (initial resistance)

Target 2: $13.45 (minor resistance)

Target 3: $13.70 (swing resistance zone)

✅ Tips:

Use tight stop-loss, as this is a short-term setup on the 5m chart.

Monitor volume continuation—if volume dries up, bullish move may fade.