$GMX Analysis – Strong Rally Toward $17.50
$GMX is trading around $16.71 (+9.19%), showing strong bullish momentum after reclaiming key support levels. If buyers push above $17.20, the next upside targets lie at $17.50–$18.00. On the downside, support rests near $16.20–$16.40, keeping the short-term trend intact as long as this zone holds.
Trade Setup:
🎯 Entry: $16.50 – $16.80
🎯 Targets: $17.20 / $17.50 / $18.00
🛡 Stop Loss: $16.00