$GMX /USDT 4H Trade Setup
Market Insight
$GMX is showing moderate bullish momentum with a +1.78% gain and steady volume (~6.97M USDT). Price is consolidating above all key MAs (7/25/99), with a recent higher low at 13.46. Momentum indicators are aligned for a potential continuation if it clears the 14.15–14.20 resistance zone.
Entry Zone
🔹 Buy between: 13.88 – 14.05 USDT
(Near 7/25MA convergence and prior minor breakout zone)
Targets
🎯 Target 1: 14.35
🎯 Target 2: 14.72
🎯 Target 3: 15.10
Stop Loss
🛑 SL: 13.46
(Below recent 4H swing low and MA(99) to protect downside)
Key Levels
Support: 13.88 / 13.73 / 13.46
Resistance: 14.20 / 14.72 / 15.10
Pivot Zone: 14.08 – 14.13 (current consolidation range)
Pro Tip
If GMX holds above 14.00 with volume increasing into the next 4H close, watch for a breakout past 14.20. A clean 4H candle close above this level could accelerate upside moves quickly.
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