Technical Analysis — $GMX
Market bias: BEARISH BIAS 🔴
Price zones to watch: 7.755
Scenario invalidation level: 7.82271
Technical target 1: 7.68729
Technical target 2: 7.64214
Technical target 3: 7.57443
Analysis:
Price is respecting the short-term structure while momentum remains aligned with the plan.
Wait for confirmation at entry and invalidate the idea if the stop is reached.
Disclaimer: Perpetual Futures carry substantial risk. Manage leverage and position size.
$GMX
Market bias: BEARISH BIAS 🔴
Price zones to watch: 7.755
Scenario invalidation level: 7.82271
Technical target 1: 7.68729
Technical target 2: 7.64214
Technical target 3: 7.57443
Analysis:
Price is respecting the short-term structure while momentum remains aligned with the plan.
Wait for confirmation at entry and invalidate the idea if the stop is reached.
Disclaimer: Perpetual Futures carry substantial risk. Manage leverage and position size.
$GMX
