$GMX Sellers Are Taking Control

GMX is facing strong selling pressure after rejection near $9.00–$9.15. The 1H chart shows consecutive bearish candles, with $8.55–$8.60 now a key area to watch for a breakdown.

SHORT TRADE SETUP

Entry: $8.55–$8.62
TP1: $8.45
TP2: $8.35
TP3: $8.22
SL: $8.78

Wait for confirmation below support before entering. A strong recovery above $8.78 would weaken this bearish setup.

Sell and Trade

$ZEC
$QNT