$GMX – Bulls Back in Full Force! ⚡📈
After rebounding sharply from the $14.52 low, $GMX has exploded to 22.35, gaining over +53% in the last 24 hours. The rally has brought price near a crucial resistance zone, and bulls are holding ground despite recent volatility. A decisive break above $23 could ignite the next bullish wave.
📊 Key Levels
• Resistance: 23.00 – 25.00
• Support: 20.70 – 19.20
💹 Trade Plan
• Entry Zone: 21.70 – 22.70
• Stop Loss: 19.20
🎯 TP1: 23.20
🎯 TP2: 24.90
📈 Market Outlook
The strong recovery suggests continued accumulation by larger players, even after the explosive move. Maintaining price action above $20.70 keeps the bullish structure intact, with a clean breakout over $23 likely attracting heavy buying interest.