Crypto Crusador
--
Bullish
š„ $GMX /USDT ā High Volatility Trade Setup š„
GMX has exploded +39.89% in the last 24 hours, spiking from $14.42 to an intraday high of $45.00 before pulling back to the current $20.27. Such extreme movement signals heightened volatility and strong speculative activity.
Trade Plan (High-Risk Setup):
šÆ Entry Zone: $19.50 ā $20.50
šÆ Targets:
ā¢ TP1: $22.00
ā¢ TP2: $24.50
ā¢ TP3: $26.00
š” Stop Loss: Below $18.80
Analysis:
Trend: Short-term bullish momentum after massive breakout.
Support Zone: $19.50 ā $18.80
Resistance Zone: $22.00 ā $24.50
Risk: Extremely high due to sharp spike and retracement. Use reduced position size.
Forecast:
If GMX can hold above $19.50, it may attempt a recovery toward the $24ā26 range. However, failure to hold support could lead to a retest of $17.50ā$18.00 before finding stability.
This is a high-volatility play ā perfect for short-term scalpers, but not for the faint-hearted.
$GMX
GMX has exploded +39.89% in the last 24 hours, spiking from $14.42 to an intraday high of $45.00 before pulling back to the current $20.27. Such extreme movement signals heightened volatility and strong speculative activity.
Trade Plan (High-Risk Setup):
šÆ Entry Zone: $19.50 ā $20.50
šÆ Targets:
ā¢ TP1: $22.00
ā¢ TP2: $24.50
ā¢ TP3: $26.00
š” Stop Loss: Below $18.80
Analysis:
Trend: Short-term bullish momentum after massive breakout.
Support Zone: $19.50 ā $18.80
Resistance Zone: $22.00 ā $24.50
Risk: Extremely high due to sharp spike and retracement. Use reduced position size.
Forecast:
If GMX can hold above $19.50, it may attempt a recovery toward the $24ā26 range. However, failure to hold support could lead to a retest of $17.50ā$18.00 before finding stability.
This is a high-volatility play ā perfect for short-term scalpers, but not for the faint-hearted.
$GMX
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