GMX/USDT Analysis: Key Levels and Entry Points
Resistance Level: The recent high at $29.89 USDT serves as a strong resistance. A decisive break above this level could signal further upside.
Support Level: The 24-hour low around $26.93 USDT acts as immediate support. A bounce from this level may indicate bullish momentum.
Entry Strategy:
Aggressive Entry: Consider buying on a breakout above $29.89.
Conservative Entry: Wait for a pullback towards the $26.93 support before entering.
Remember to manage risk and set stop-loss levels. Happy trading! 🚀💡
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