$GMX Future Trading Insight - August 10, 2025
Hey! Sharing my observation on the GMX/USDT pair based on recent market trends. The chart below shows a mix of bullish and bearish signals across different time frames (e.g., 15m, 1h, 1d).
Observation: Recent price action shows a potential support level around 17.99, with a bounce indicated by the green zone. However, the pink zones suggest bearish pressure, especially on the 1D frame at 18.44.
Thought: Traders might watch for a breakout above 17.99 or a drop below 17.55 for potential moves. Always consider your risk tolerance and do your own research (DYOR)!
Feel free to share your thoughts or strategies in the comments. Letโs learn together!
#gmx #cryptotrading #MarketAnalysis
Disclaimer: Not financial advice. For educational purposes only. Please do your own research. DYOR.