🔻 $GMX /USDT – SHORT SETUP ACTIVATED NEAR RESISTANCE 🔻

📉 Current Price: $12.83

GMX has faced rejection near the $13.68 resistance level and is now sliding downward with increasing sell volume. Momentum is weakening as bulls lose control.

📊 Short Trade Setup:

• Entry Zone: $12.90 – $13.10

• Stop Loss: $13.30

• Targets:

 🔻 TP1: $12.60

 🔻 TP2: $12.30

 🔻 TP3: $11.95

💡 Why This Setup?

Strong rejection at $13.68 high

Price now trading below mid-range support ($13.00)

Bearish pressure confirmed with red candles and low recovery

Perfect setup for scalp-to-swing short plays

⚠️ Watch for confirmation candle below $12.77 before entry.

#GMX #FOMCMeeting #EthereumTurns10 #ETHCorporateReserves #BinanceHODLerTree $GMX