GMX / TetherUSLong
GMX Long Spot Trade (Accumulation Breakout)
Market Context:
GMX is exhibiting signs of accumulation exit, with price action hinting at a potential breakout. A sustained move above $30, followed by a successful retest of this level as support, could confirm continuation toward higher targets.
Trade Setup:
Entry Zone: Around support at $30.00
Take Profit Targets:
First target: $40.00
Second target: $49.50
Third target: $70.00
Stop Loss: Daily close below $25.00
This trade capitalizes on the breakout potential and a confirmed support flip for a strong upward continuation. Keep an eye on volume to confirm breakout strength.
GMX is exhibiting signs of accumulation exit, with price action hinting at a potential breakout. A sustained move above $30, followed by a successful retest of this level as support, could confirm continuation toward higher targets.
Trade Setup:
Entry Zone: Around support at $30.00
Take Profit Targets:
First target: $40.00
Second target: $49.50
Third target: $70.00
Stop Loss: Daily close below $25.00
This trade capitalizes on the breakout potential and a confirmed support flip for a strong upward continuation. Keep an eye on volume to confirm breakout strength.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.