📌$GMX /USDT Trade Analisis :

📊Pair: $GMX /USDT

Timeframe: 15m

Current Price: $15.94

24H Range: $15.32 – $15.96

Recent Low: $15.43

Volume: Moderate, with a spike during the rebound

📊Technical Analysis:

Trend: Short-term uptrend visible with higher highs and higher lows forming post $15.43 dip.

📑Resistance: Immediate resistance at $15.96 (24h high); if broken, price could test psychological resistance at $16.00 – $16.20.

📈Support: Short-term support around $15.75, stronger support near $15.43 (recent swing low).

📄Volume: Increasing on green candles, showing buying pressure.

📄MA(5) & MA(10): Converging upward, indicating bullish short-term momentum.

📄Trade Estimate (Short-Term Swing):

Entry (Buy): $15.88–$15.94 (wait for small retracement or confirmation)

📌Target 1: $16.20 (short-term resistance zone)

📌Target 2: $16.50 (if momentum continues)

📝Stop-Loss: $15.65 (below recent support, room for volatility)

📄Risk-Reward Ratio: 1:2 or better

📝Trade Plan Summary:

Bullish bias above $15.75

📑Watch for breakout above $15.96 with volume

📝Set alerts at $16.00 and $15.65 for key decision points

📌Let's Trade on $GMX

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