$GMX just flipped the script, breakout, retest, and now that old dynamic resistance is acting like support.
I’m watching this as a possible trend shift because the retest held, that’s usually where fake moves die. If price keeps respecting this base, buyers have a real chance to build a new leg up.
First reclaim level is 9,190. That’s the line that turns this into a mildly bullish structure. If GMX can hold above it, the next path opens toward 10,530, and after that the bigger target sits at 12,000.
I’m ready to treat dips as opportunities as long as that reclaimed support stays protected.
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$GMX just flipped the script, breakout, retest, and now that old dynamic resistance is acting like support.
I’m watching this as a possible trend shift because the retest held, that’s usually where fake moves die. If price keeps respecting this base, buyers have a real chance to build a new leg up.
First reclaim level is 9,190. That’s the line that turns this into a mildly bullish structure. If GMX can hold above it, the next path opens toward 10,530, and after that the bigger target sits at 12,000.
I’m ready to treat dips as opportunities as long as that reclaimed support stays protected.