$GMX
BEARISH SETUP 🔻📉
GMX is currently trading at $14.71, showing continued downward momentum with a -1.47% decline.
🔑 Key Levels:
Resistance Zones: $15.00 🧱 | $15.20 🚫 | $15.40 🔼
Support Zones: $14.40 🧲 | $14.00 ⚠️
📊 Trade Setup (Short):
Entry: $14.70
Target 1 (TP1): $14.40 🎯
Target 2 (TP2): $14.00 🎯
Stop Loss (SL): $15.10 ❌
🛡 Risk Management:
Risk only 1-2% of your capital per trade. Maintain proper stop-loss discipline and monitor for any bullish reversals near support. 🚨
📉 Trend favors bears unless price reclaims above $15.00 with volume.
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