🔻 $GMX /USDT Short Trade Opportunity! 🔥💯

📉 Current Price: $19.54

🔻 Short Trade Setup:

Entry Zone: $19.50 - $20.00

Stop Loss: $20.80

🎯 Profit Targets:

✅ TP1: $19.00

✅ TP2: $18.50

✅ TP3: $17.80

📉 Market Outlook:

$GMX is encountering significant resistance between $20.00 and $20.50, showing clear signs of rejection. Sellers are gaining control, reinforcing bearish momentum at these key levels. A confirmed breakdown below $19.50 could intensify downward pressure, increasing the likelihood of reaching lower price targets.

💡 Pro Tip:

Wait for a decisive drop below $19.50 before entering the trade. A retest followed by rejection from this level would provide a stronger confirmation for a short position.

⚠️ Risk Management: Ensure proper position sizing and adhere strictly to stop-loss levels to mitigate risk. Trade responsibly!

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