$GMX Current Technical & Sentiment
• Price action is mixed–neutral to bearish overall, with RSI around neutral levels and consolidation below key resistances. Short‑term breakout above ~$8.60‑$8.92 is needed for bullish continuation.Failure may retest lows near ~7.5‑7.7. 
Near‑Term Levels
• Support: ~$7.6–$7.7 (major)
• Resistance: ~$8.6–$8.9 breakout zone
• Watch sustained close >$8.60 for upside momentum. 
Short Trade Setup (High‑Risk)
• Entry: Around current price if volume rises
• Profit Target: first at ~$8.90–$9.20, next at ~$10.5
• Stop‑Loss: below $7.50 to limit downside
Bullish Scenario
• Break above $8.9 with volume could lead to further gains toward ~$10+.
• Trend remains sensitive; longer holds view mixed due to bearish medium forecasts. 
Bearish Risks
• Resistance holds → retest support → breakdown under 7.5.
• Protocol risks & competition headwinds pressure sentiment. 
Quick Summary
• Neutral/Bearish short bias until breakout.
• Profit target(s): ~$8.9 → ~$10+
• Stop‑loss: ~$7.50