🛑 $GMX /USDT Rejection at $13.20, Short in Play! 🚨
$GMX faced a strong rejection near $13.20–$13.40, now printing lower highs on the 30m chart. Weak bounce = seller dominance building.
🔻 SHORT Trade Setup:
• Entry Zone: $12.95 – $13.10
• TP1: $12.60
• TP2: $12.20
• TP3: $11.85
• Stop Loss: $13.40
📊 Market Insight:
Bearish structure + fading volume confirms exhaustion. A 30m candle close below $12.85 with rising sell pressure could accelerate the drop. Eyes on red candle volume momentum may flip quickly.