$GMX – STRONG BREAKOUT FROM RANGE, BULLISH MOMENTUM

#GMX is breaking out of a consolidation range with strong bullish candles, indicating buyers are currently in control and momentum is building.

TRADE SETUP – LONG

Entry Zone: $5.95 – $6.05

Stop Loss: $5.70

Take Profit 1: $6.20

Take Profit 2: $6.50

Take Profit 3: $6.90

MARKET STRUCTURE

Price has pushed above resistance with strong follow-through, suggesting a potential continuation phase. As long as $5.85 support holds, the bullish structure remains intact.

OUTLOOK

If momentum continues, price could extend toward higher resistance levels. A break below $5.70 would invalidate the setup and signal loss of bullish control