$GMX /USDT short trade signal 🛑 🚦

BEARS TAKE CONTROL, EYES ON DEEPER DROP 🔻

$GMX has failed to hold above the $18.30 resistance zone and is now showing signs of renewed selling pressure. A break below the $18.00 mark could accelerate the decline, with bears targeting lower support zones for profit-taking.

Trade Setup (Short)

Entry Zone: $18.25 – $18.05

Take Profit 1: $17.20

Take Profit 2: $16.63

Stop Loss: $18.93

Market Outlook:

Momentum has shifted bearish with sellers defending key resistance levels. As long as price stays below $18.30, downside pressure is likely to continue, with $16.63 as the major support to watch.

#GMX #CryptoTrading #Binance #Altcoins #PriceAction

buy and trade here on $GMX