$GMX /USDT – Bullish Momentum Kicks In, Targeting $12

#GMX just fired up with a sharp bullish breakout, reclaiming the $11+ zone and pushing to a 24h high of $11.35. After consolidating in a tight range between $9.60 and $10.60, buyers stepped in aggressively, fueling this strong upward momentum.

The current price action suggests a clear shift in sentiment, backed by volume. As long as GMX holds above the $10.80–$11.00 support, the rally looks intact. The next major psychological and technical resistance stands at $12, which also lines up with a previous rejection zone.

Traders eyeing this move can watch for a continuation pattern or a minor pullback toward $11.00 for a possible re-entry. The trend favors bulls now, but maintaining momentum will be key to hitting the $12 target soon.

Buy and Trade here on $GMX