GMXUSDT is a decentralized perpetual exchange AMM that is built on solid infrastructure.It has been on the journey of price discovery since 2022.
Historically, it found support on the $25-30 level.
It may rally up any moment from now, we should be ready to take advantage of it. Of course, with low leverage.
This is my analysis of GMX, what are your thoughts about it?
Share it with me in the comment box
If this analysis makes sense to you, follow me now and support my idea.
Cheers!
Note
We need to close above the trendline.Otherwise, there is no need for a second entry.
Note
Trade is now in profit... Let us see how far we can go on thisTrade closed: target reached
The first take profit target is reached, you can move SL to BE now. Follow me for more.
Note
60% of the trade has been closed, and the Stop loss should be moved to the 1st entryNote
Still in profitsNote
Massive profit guys
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.