$GMX EYES A FRESH BREAKOUT FROM LIQUIDITY ZONE đ„
Entry: $6.35 - $6.40 đ„
Target: $6.70 đ
Stop Loss: $6.20 â ïž
Price is consolidating above a prior resistance zone that now acts as support. The $6.35-$6.40 area has held twice in the past 48 hours, and volume is picking up on the lower timeframes as momentum aligns with the broader structure.
The R:R here sits near 1:2 â a clean risk-to-reward for a defined breakout play. Are you watching this level for a runner or a fakeout?
Not financial advice. Always manage your risk.
#GMX #BreakoutSetup #LongTrade #Crypto
đ„
Entry: $6.35 - $6.40 đ„
Target: $6.70 đ
Stop Loss: $6.20 â ïž
Price is consolidating above a prior resistance zone that now acts as support. The $6.35-$6.40 area has held twice in the past 48 hours, and volume is picking up on the lower timeframes as momentum aligns with the broader structure.
The R:R here sits near 1:2 â a clean risk-to-reward for a defined breakout play. Are you watching this level for a runner or a fakeout?
Not financial advice. Always manage your risk.
#GMX #BreakoutSetup #LongTrade #Crypto
đ„