GMX is showing strong signs of a potential breakout after bouncing off the key $15.29 support with a bullish engulfing candle and reclaiming momentum around the 99 MA at $15.50. Currently trading at $15.62 with a +3.38% gain, the setup suggests buyers are quietly stacking positions as the price consolidates below the $15.88 resistance. A clean break above that level could launch GMX toward $16.20–$16.50, while holding above $15.50 keeps the bullish structure intact. With volume building and moving averages tightening, GMX looks primed for a sharp move —
This might just be the calm before the liftoff.
