$GMX Is Showing Strong Bullish Momentum After Breaking Above Key Resistance

GMX is showing strong bullish momentum after recovering from the $7.50 support zone. Price has pushed above the $8.00 level with a strong breakout move and is now holding near the $8.20 resistance area. A clean continuation above this zone could open the way for further upside.

Entry: $8.00 – $8.15

TP1: $8.40
TP2: $8.70
TP3: $9.00

SL: $7.75

GMX is forming a strong bullish structure with consecutive green candles and increasing buying pressure. Buyers are currently in control, and holding above the breakout zone can support the next upward move.

Buy and Trade

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