š $GMX /USDT Breakout Alert š
The GMX token has shown a strong upward momentum, currently trading at $43.12 (+12.47%). With a 24-hour high of $43.83 and an impressive trading volume of 480,760.11 GMX, this DeFi gem is making waves
š Key Insights:
RSI: 81.15 (Overbought zone ā stay cautious for possible retracement).
Price Action: A solid breakout from the $37.67 low
Trend: Bullish momentum confirmed on the 4-hour chart.
š Signal: Potential short-term pullback expected due to overbought RSI. Look for re-entry opportunities around $40.50ā$41.00 for the next leg up toward $45.00