#GMX/USDT LONG TRADE (550% Profit Potential)
Indicator used: Risological Swing Trader (Google it)
GMXUSDT on the 4-hour timeframe is exhibiting a strong bullish setup with a potential 550% profit at 10x leverage. This long trade opportunity, identified using the Risological Swing Trading Indicator, is positioned to deliver significant returns. The price has broken through key resistance levels, confirming upward momentum.
Key Levels:
Entry: $29.525
SL: $26.955
TP1: $32.695 🔄
TP2: $37.825 🔄
TP3: $42.960 🔄
TP4: $46.130 🔄
Technical Analysis:
The trade commenced at $29.525, with a protective stop-loss at $26.955, ensuring a favorable risk-to-reward ratio. The price action has remained firmly above the Risological trend line, underscoring the strength of the current uptrend. Fibonacci extensions validate the profit targets, while the breakout above resistance levels signals a likely continuation to the upper targets. This setup demonstrates the precision and reliability of the Risological Swing Trading Indicator in identifying high-potential opportunities with controlled risk.
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