🚀 $GMX Bullish Breakout? Reclaiming the Structure 📈

$GMX is showing signs of life after a solid bounce from the $7.01 support floor. With higher lows forming on the 1H timeframe, the bulls are fighting to keep the structure intact.

$GMX /USDT

🟢 Trade: LONG

💰 Current Price: ~$7.30 (+1.67%)

🎯 The Trade Plan

* Entry Zone: 7.15 – 7.25

* TP1: 7.45 (Immediate Resistance)

* Final Target: 7.70 – 7.90 (Continuation Zone)

* Stop Loss (SL): 6.98 (Below recent support)

* Leverage: 3x – 5x (Keep it steady)

🔥 Technical Insights

* Support Bounce: Strong rejection at the $7.01 level confirms buyer interest.

* Bullish Reclaim: Staying above $7.30 is crucial; holding this zone validates the 1H trend reversal.

* Path to $7.70+: If the momentum holds, #GMX primed to test the next major liquidity pocket near $7.75.

💬 Debate:

Are we heading back to $8, or is this just a relief rally before another dip? Let’s hear your take! 👇

#Write2Earn #GMX #TradingSignals #CryptoAnalysis