Coin Name : $GMX
Currently, #GMXUSDT is trading within a descending channel and hovering near a potential breakout zone. This setup could lead to a strong bullish rally, but let’s not get ahead of ourselves.
Right now, GMX is testing the channel’s upper resistance—a critical point for any upward move. A breakout here could pave the way for a significant price surge. However, to confirm this bullish momentum, we need to see a decisive break above the minor resistance at $33.70, supported by:
🔸 Clear bullish engulfing candles
🔸 Strong buying volume
📊 Without these signals, it’s best to stay cautious. Always trade with confirmation and proper risk management.
Please like and share for more updates!
