$GMX /USDT – Breakout Brewing! 🚀
$GMX is showing renewed bullish momentum as price pushes back toward the 24H high. The chart displays a solid recovery after multiple rejections, forming higher lows and building pressure for a breakout. Eyes on volume as price flirts with key resistance.
Support and Resistance
• Resistance: 12.81
• Support: 12.41
Trade Setup
• Entry Zone: 12.70 – 12.76
• Stop Loss: 12.49
🎯 TP1: 12.88
🎯 TP2: 13.10
🎯 TP3: 13.40
Pro Tip: Wait for a strong candle close above 12.81 to confirm breakout entry!
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