$GMX /USDT Bounce or Breakdown? Key Level Test
Entry Zone (Risky Bounce): $12.80 – $12.95
Stop Loss: Below $12.60
Target 1: $13.30
Target 2: $13.70
Target 3: $14.00
Chart Insight:
$GMX surged earlier but is now consolidating and testing support around $12.90. If it holds, we may see a bounce. However, a breakdown below $12.80 could lead to further downside. Volume is modest — watch for breakout confirmation.