$GMX 💡 Professional Tip: Make sure to break down with a strong close for 30 minutes below $12.85. Watch for an increase in volume on the red candles to confirm the bearish play.
The downtrend may be in the heating stage... Trade cautiously! 🔻📉
– Sell Setup Alert! 🚨 Bearish rejection at $13.20!
Current Price: $12.91 (+8.67%)
Time Frame: 30-Minute Chart
$GMX has seen strong rejection around the $13.20–$13.40 area and is now showing lower highs with a bearish structure forming. Weak rebound attempts indicate a likelihood of continued decline.
📉 Sell Trade Setup:
Entry Zone: $12.95 – $13.10
TP1: $12.60
TP2: $12.20
TP3: $11.85
Stop Loss: $13.40
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