🚀 $GMX /USDT Trading Outlook – Key Levels to Watch!
$GMX is currently hovering around $19.93 (-0.70%), consolidating near the $20.00 mark, signaling a potential breakout or rejection scenario. Bulls need to push past the $20.50 resistance for a strong rally toward $21.50, making $19.80-$19.90 an ideal buy zone on pullbacks. However, failure to break above resistance could trigger a sell-off toward $19.50 or lower, offering a solid short entry at $20.40-$20.50 with targets down to $19.00. Traders should closely monitor volume at $20.50—a surge in buying pressure could fuel an explosive breakout, while rejection at this level may signal a deeper retracement. Stay sharp, manage risk, and let the price action dictate the next move! 🚀📊
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