$GMX /USDT: Breaking Through Resistance – Quick Targets Ahead!
$GMX is currently trading at $43.86, surging by +14.85% with strong bullish momentum on the 15-minute time frame. With a 24-hour high of $44.07, the price is nearing critical resistance levels. Traders can consider entering at $43.80, targeting close profit points to maximize gains in this fast-paced setup. Set TP1 at $44.00, TP2 at $44.20, and TP3 at $44.40 to lock in profits as the price tests new highs. Maintain a tight Stop Loss at $43.20 to safeguard against sudden pullbacks.
With RSI at 79.20, GMX is in the overbought zone, signaling strong buying pressure but also caution for potential reversals. Watch the resistance at $44.07 closely; a breakout here could ignite further upward momentum, making this a crucial moment for action.
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