$GMX
Current price: approximately $15.3.
Important levels:
Strong support around: $14.5 – $14.8 → If broken, it may drop to $12.
First resistance: $17 → If it breaks, the next target is $20.
Very strong resistance: $25 → It needs to break this to change the outlook to strong upward.
Current trend: The currency is in a long-term downward trend from the peak of $90 (2023), but it is currently in a consolidation area between $12 and $18.
🔹 Scenarios
✨ Positive (Bullish): If it holds above $14.5 and breaks $17, the short-term target will be $20 then $25.
⚠️ Negative (Bearish): If it breaks $14.5, it may drop towards $12 or even retest $10 (close to the bottom of April 2025).