$GMX – Long Center Recovery Preparation
The momentum has recovered after a healthy correction during the day, finding support around $15.80 and bouncing back strongly.
The price action shows a bullish intent with the possibility of continuing towards the daily peak area.
If the price drops below $15.70 with strong volume, exit the trade and reassess.
Monitor the breakout area at $16.18 closely for confirmation.
Entry Area: $15.99
Target 1: $16.30
Target 2: $16.60
Target 3: $17.00
Stop Loss: $15.70
Risk management is key. Use calculated position sizing and avoid emotional entries.
Professional tip for followers: Don’t chase the highs - only enter at support or confirmed retests. Let the market come to your levels, not the other way around.
Buy and trade here$GMX
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