$GMX IS APPROACHING A KEY RESISTANCE LEVEL
$GMX has bounced back strongly from $7.70 and is now moving toward $8.60. Buyers are showing renewed interest, but the next move depends on how price reacts at resistance.
Entry Zone: $8.45–$8.55
TP1: $8.70
TP2: $8.85
TP3: $9.00
Stop Loss: $8.20
I'm watching for a clean breakout above $8.60 before looking for further upside. If buyers confirm the breakout, a move toward the next targets could follow.
No need to chase the price. I'll wait for confirmation before considering an entry.
$GMX has bounced back strongly from $7.70 and is now moving toward $8.60. Buyers are showing renewed interest, but the next move depends on how price reacts at resistance.
Entry Zone: $8.45–$8.55
TP1: $8.70
TP2: $8.85
TP3: $9.00
Stop Loss: $8.20
I'm watching for a clean breakout above $8.60 before looking for further upside. If buyers confirm the breakout, a move toward the next targets could follow.
No need to chase the price. I'll wait for confirmation before considering an entry.