$GMX /USDT — BULLISH BREAKOUT AFTER MONSTER SURGE, EYES FURTHER UPSIDE

GMX just exploded over +61% in 24h, smashing through major resistance levels and hitting an intraday high of $45 before retracing to $23.53. The massive volume spike confirms strong buyer interest, suggesting that after a brief consolidation, bulls could attempt another leg higher toward fresh highs.

Trade Setup (Long):

Entry Zone: $22.50 – $23.80

Target 1: $28.00

Target 2: $32.50

Stop Loss: $20.50

Market Outlook:

The breakout momentum remains intact, but given the size of the recent move, a short cooling period is likely before continuation. Holding above $22 will keep the bullish bias alive, while breaking it could trigger deeper pullbacks toward $18.

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buy and trade here on $GMX