$GMX /USDT
Market Insight:
$GMX is slightly bullish, up +0.27%, showing a calm consolidation near the 24h high.
Current price: 14.90 USDT, near the 24h low 14.60 USDT, indicating some support forming.
Moving averages suggest mild upward bias:
MA(7) = 14.82
MA(25) = 14.86
MA(99) = 14.56
Volume is moderate at 30.34K GMX, confirming steady activity without aggressive spikes.
Key Levels:
Support: 14.60 (24h low) / 14.56 (MA99 support)
Resistance: 15.10 (24h high) / 15.14 (recent pivot)
Pivot Zone: ~14.85 – 14.97
Entry Zone:
Aggressive Buy: 14.85 – 14.90 (near MA7/MA25 cluster)
Conservative Buy: 14.65 – 14.75 (near strong support/24h low)
Targets:
15.10 – immediate 24h high resistance
15.40 – next minor resistance
15.70 – psychological level, potential strong resistance
Stop Loss:
14.50 – below MA99 and 24h low to manage downside risk
Pro Tip:
Wait for a 4h candle close above 15.10 to confirm a bullish breakout.
Watch for volume spikes to increase confidence in upward continuation.
The 14.90 – 15.10 zone may see short-term consolidation before further upside.
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