Genny Cruz
--
Bearish
Looks like $GMX just took a nosedive! 📉 Had a nice run up to $14.57, but that wick down to $10.23 was brutal.
Volume on that drop was insane.
Seeing some attempts to bounce back around $11.60-$11.90, but definitely a lot of selling pressure still there.
Could be forming a new support around $10.90-$11.00 if it holds, but watch out for another leg down if that breaks. Bulls need to step up big time to recover from this one.
#gmx #Write2Earn #SECETFApproval
{spot}(GMXUSDT)
Volume on that drop was insane.
Seeing some attempts to bounce back around $11.60-$11.90, but definitely a lot of selling pressure still there.
Could be forming a new support around $10.90-$11.00 if it holds, but watch out for another leg down if that breaks. Bulls need to step up big time to recover from this one.
#gmx #Write2Earn #SECETFApproval
{spot}(GMXUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
41
0