$GMX

/USDT

Market Insight

$GMX is showing strong bullish momentum with a 24h gain of +8.68%, breaking above previous resistance levels around 15.341–15.665. The 24h high of 15.795 suggests buyers are still in control, but the proximity to the recent highs means some profit-taking could occur.

Entry Zone

15.300 – 15.500 (if the price retraces slightly before continuation)

Targets

15.900 – Immediate resistance

16.200 – Next short-term swing high

16.500 – Key psychological level

Stop Loss

14.900 – Just below recent swing low to minimize risk

Key Levels

Support: 15.341, 14.753, 14.165

Resistance: 15.795, 15.929, 16.200

Pivot: 15.666 (current mark price)

Pro Tip

Monitor 15.795–15.929 closely; a break above could lead to a strong breakout.

Consider scaling into positions on small dips rather than chasing the highs.

Volume spike near 15.795 can confirm continuation.

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