📈 $GMX (4H)
Analysis:
GMXUSDT on the 4-hour chart shows a downtrend with declining peaks, placing the current price near a key support level at $21.69. The MACD and RSI indicators suggest possible consolidation at this support level.
Price Targets:
If the price holds above $21.69 (S1), expect a potential rebound to the resistance at $26.76 (R1). If bullish momentum sustains, the next target would be around $34.39 (R2). Conversely, failing to hold $21.69 might see prices dip toward $17.33.