$GMX has shown a clean bounce from the $7.20–$7.25 support zone and is now trading with improving momentum above $7.50. The way price reacted from the lows suggests buyers are stepping in with confidence. As long as $GMX holds above this level, the upside move looks likely to continue toward higher resistance areas.
Trade Setup
Entry: $7.45 – $7.55
Take Profit 1: $7.65
Take Profit 2: $7.85
Take Profit 3: $8.10
Stop Loss: $7.20
Market Outlook
Momentum is shifting bullish on the lower timeframes, and structure looks healthy after reclaiming $7.40. A clean break above $7.65 would confirm continuation toward $8+. Any pullback into the $7.45 zone could act as a good retest area. Overall, trend favors the bulls right now.
Buy and trade here on $GMX
GMX
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