$GMX $/USDT BULLISH SURGE – STRONG RECOVERY POINTS TOWARD $17.50

GMX is trading near $16.88, up almost +17% in 24h, after rallying from the $14.20 low. With strong buying pressure and volume backing the move, price action suggests bulls are regaining control. A push above $17.14 resistance could open the way toward the $17.50 level in the short term.

Trade Setup:

Entry (Long): $16.70 – $16.90

Take Profit (TP): $17.20 / $17.50

Stop Loss (SL): $16.20

Market Outlook:

GMX has shown steady gains over the last week and quarter, signaling strong recovery momentum despite being down -32% year-over-year. Sustaining above $16.50 support keeps the trend favorable for bulls.

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