$GMX /USDT – Short Setup Alert! 🚨 Bearish Rejection at $13.20!
Current Price: $12.91 (+8.67%)
Timeframe: 30m Chart
$GMX hit a strong rejection around the $13.20–$13.40 zone and is now showing lower highs with a bearish structure forming. Weak bounce attempts signal possible downside continuation.
📉 Short Trade Setup:
Entry Zone: $12.95 – $13.10
TP1: $12.60
TP2: $12.20
TP3: $11.85
Stop Loss: $13.40
💡 Pro Tip: Confirm breakdown with a strong 30m close below $12.85. Watch for increasing volume on red candles to validate the bearish play.
Downtrend may just be heating up... scalp smart! 🔻📉
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