$GMX /USDT
๐งพ GMX/USDT Overview
๐ฐ Current Price: $16.21
๐ 24h Change: +6.16%
๐บ 24h High: $16.31
๐ป 24h Low: $14.99
๐ 24h Volume:
โข GMX: 105,352.87
โข USDT: $1.67M
๐ท๏ธ Category: DeFi
๐ Order Book Levels (Depth)
TypePriceNoteResistance$16.37Minor extension resistanceResistance$16.3124h highCurrent$16.21Approaching resistance zoneSupport$16.13First intraday supportSupport$15.90Demand re-entry areaSupport$15.19โ15.25Strong buyer base
โ๏ธ Trade Setups
๐ข 1. Breakout Continuation
Entry: On breakout and close above $16.31 with volume
TP1: $16.60
TP2: $17.10
SL: Below $15.90
๐ง Momentum-driven play. Needs bullish candle confirmation above high.
๐ก 2. Pullback Long
Entry Zone: $15.66 โ $15.90
TP1: $16.20
TP2: $16.60
SL: Below $15.20
๐ Catch a retrace to prior support zone. Wait for stabilization.
โ ๏ธ Risk Points
Bearish Rejection: Strong wick above $16.31 but close below $16.13 may trap breakout buyers.
Volume Spike Without Follow-through = fade setup
๐ง Summary
Bias: Short-term bullish unless $15.20 breaks down
Breakout Zone: $16.31+
Support Reentry: $15.66โ15.90
Volume supports short-term price action strength
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