$GMX just tapped a fresh high at 6.40, RSI at 69, this is getting stretched.

Strong recovery from 5.05 with all EMAs stacked bullish. MACD is green and rising, but RSI at 69.3 is close to overbought.

My plan
:
Entry: 6.10–6.15 (pullback)

Target 1: 6.40
Target 2: 6.47

Stop: 5.87

If RSI cools and EMA20 holds, I stay in. If it dumps hard, I'm out.

#GMX #DeFi #CryptoTrading

DYOR / NFA