$GMX $GMX #gmx (GMX/USDT)
Trend: Bearish bias with possible short relief bounce. Indicators show mixed to slightly negative momentum. �
CoinCheckup +1
Key Levels:
🔹 Support: ~$6.00–$6.37 (near current support cluster) �
🔹 Resistance: ~$6.69–$7.27 (first resistance zones to watch) �
CoinCheckup +1
CoinCodex +1
Technical Bias:
• RSI near neutral/oversold — relief bounce possible. �
• Price below major moving averages → broader bear trend still intact. �
CoinMarketCap
CoinCheckup
Short Setup (if bearish):
📉 Enter short near resistance zone (~6.7–7.2)
⬇️ Target downside test at support (~6.0 or lower)
📍 Stop-loss above recent swing high (~7.3+)
Sentiment Check:
Major indicators lean bearish short term; short trades favored until resistance breaks decisively.