Trading Signals
Action: BUY $GMX
Entry: $39.00 - $40.50
TP1: $44.00
TP2: $48.00
SL: $36.50
DCA: $38.00
GMX is showing strong bullish momentum with a +10.24% price increase in the last 24 hours and a remarkable +33.40% weekly performance. The 30-day price change indicates a surge of +72.95%, reflecting strong demand and market confidence. GMX is approaching its 24-hour high of $40.48, which aligns well with the entry range.
The trade's targets at $44 and $48 align with the ongoing trend and provide potential upside in the event of continued buying interest. The stop loss at $36.50 protects against short-term reversals.
DCA (Dollar-Cost Averaging) at $38 provides a safety net for potential corrections. As GMX shows strong fundamentals, this strategy can be effective in the current market environment.
๐ผSpot Trader: Click Here ๐$GMX
๐ฅFutures Trader: Click Here๐
๐จNote: Trade at your own risk; this signal is not guaranteed. DYOR ๐
#BURNGMT #2024withBinance #ETHCrosses4K #BTCBreaking100KAgain? #GMX
For those who'd like to send a small tip to support future signals, kindly click the $ icon below. ๐