$GMX

Long Trade Signal 🟢 🚦

The bullish momentum has been reignited! 🚀

GMX has made a significant breakout, with exceptional volume and reclaiming key levels throughout the day. Buyers are aggressively absorbing selling pressure, paving the way for another push towards higher resistance zones.

Trade Setup

Entry Zone: $19.20 – $19.80

Take Profit 1: $24.00

Take Profit 2: $28.50

Stop Loss: $17.80

Market Outlook

The explosive candle towards $45 indicates high volatility, but the strong recovery base above $19 suggests underlying bullish strength. Continuous buying here could lead to sharp continuation movement towards the mid $20 range and above.