$GMX
USDT – Strong Breakout, Long Signal Active
GMX has surged sharply, jumping from $14.60 to a high of $45.00 before settling near $20.44. Strong volume and bullish momentum suggest buyers are still in control despite intraday volatility. Price is holding above key support, signaling potential for another upward leg.
Trade Setup
Entry: $20.00 – $21.20
Stop Loss: Below $19.00
Target 1: $22.20 (Immediate resistance)
Target 2: $25.00 (Next resistance zone)
Trend remains bullish, but volatility is high — watch for quick pullbacks as re-entry opportunities.