$GMX SURGES 21% — BULLS RECLAIM CONTROL!
$GMX has bounced sharply from $17.42, delivering a +21% gain today and breaking back above key short-term resistance. This rebound signals strong buyer interest, with momentum aiming toward the next target zone around $18.78–$19.05. Quick traders can capitalize on this speed push before the next leg higher.
Trade Setup (Long)
Entry Zone: $18.20 – $18.35
Take Profit 1: $18.78
Take Profit 2: $19.05
Stop Loss: $17.95
Market Outlook:
High intraday volume and aggressive recovery candles show buyers are back in control. A sustained move above $18.78 could open the door for a push toward $19+. Break below $17.95 would weaken this setup.
