$GMX showing recovery after short-term downtrend with higher lows forming.

Price reclaiming 6.90 zone — momentum shifting bullish but resistance still ahead.

📌 Key Levels:

• Support: 6.82 – 6.70

• Resistance: 7.12 – 7.35

Structure = relief bounce inside bigger downtrend.

🎯 Trade Setups:

• Long Setup (Pullback Buy):

Entry: 6.85 – 6.92

TP1: 7.12

TP2: 7.38

SL: Below 6.65

• Long Breakout Setup:

Entry: 7.15 breakout hold

TP1: 7.55

TP2: 8.10

SL: Below 6.92

• Short Setup (Resistance Rejection):

Entry: 7.30 rejection

TP1: 6.95

TP2: 6.60

SL: Above 7.60

⚠️ Volume expansion on bounce — watch breakout confirmation.

Trade Here 👇 $GMX

GMX
GMXUSDT
6.429
-2.16%

#GMX #CryptoTrading #Binance #BreakoutSetup #JaneStreet10AMDump