$GMX Breakout in Motion (+17%) | Targeting $15+... GMX just broke out above multi-week resistance. Volume confirms strength, and momentum favors continuation.
Entry Zones
Aggressive: $13.30–$13.50 (breakout retest)
Conservative: $12.80–$13.00 (4H EMA20 pullback)
Targets
TP1: $14.00
TP2: $14.80
TP3: $15.50
Why It’s Hot
+17% pump with $15.91M volume
Multi-week breakout confirmed
RSI resetting = fuel for another leg
Execution Plan
Day traders: Target $13.30 entries with tight stop discipline
Swing traders: Accumulate on pullbacks for better R/R
Trail stop after TP1 for runners
Risk Management
Max 1% capital per trade
Limit orders only — liquidity is thin during spikes
Monitor BTC closely — GMX tracks broader market sentiment
Follow for more DeFi breakout setups – road to 30K continues. 🔔
Trade here 👉🏻 $GMX