$GMX
Current Price: $29.92
Change: +7.55%
Market context :
GMX is a decentralized exchange and perpetual trading platform. Its rise might be linked to increasing trading volumes or DeFi platform adoption.
Trading Signal:
Buy if it stays above $30, signaling strong upward momentum.
Strategy:
Monitor for breakouts. Use stop-loss around $28.50. Target levels: $32 and $35.