šŸš€ $GMX /USDT Breakout Alert šŸš€

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

šŸ“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.

šŸ”” 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

#Binance #CryptoTrading #GMX #DeFi