$GMX keeps rejecting lower highs, and sellers still look in control 🔻
Entry: 6.85 – 6.95 🔥
Target: 6.73 / 6.60 / 6.45 📉
Stop Loss: 7.05 🛡️
Liquidity is stacking above price while the tape keeps fading, which often signals bigger players are using strength to unload rather than chase a breakout. If
$GMX stays weak under those lower highs, the move down can accelerate quickly once stops start firing and bids thin out. The market is breathing heavy here, and that usually favors the side with patience.
Not financial advice. Manage your risk and protect your capital.
#GMX #CryptoTrading #Altcoins #PriceAction #BearishSetup ✦