$GMX /USDT Market Snapshot ๐
GMX is trading at $8.68, showing a +0.35% move on the day. Price is holding steady above the intraday low and pushing closer to short-term resistance.
Key Highlights
24h High: $9.00
24h Low: $8.39
24h Volume (GMX): 58,256
24h Volume (USDT): $500K+
Technical Feel
After a sharp drop, GMX bounced strongly and formed a higher low, hinting at short-term recovery.
Recent candles show bullish momentum building, with buyers stepping in near $8.50.
Immediate resistance sits near $8.80 โ $9.00, while $8.40 โ $8.50 remains a key support zone.
Why It Matters GMX is a leading DeFi perpetual trading protocol, and steady volume with price recovery suggests traders are watching closely for a breakout.
If momentum holds, a retest of $9.00 could be on the table.
Lose support, and price may revisit the lower range.
Stay sharp, volatility is warming up.
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