$GMX

$GMX

#gmx

GMXUSDT

Perp

6.5

+9.50%

(GMX/USDT)

Trend: Bearish bias with possible short relief bounce. Indicators show mixed to slightly negative momentum. �

CoinCheckup +1

Key Levels:

🔹 Support: ~$6.00–$6.37 (near current support cluster) �

🔹 Resistance: ~$6.69–$7.27 (first resistance zones to watch) �

CoinCheckup +1

CoinCodex +1

Technical Bias:

• RSI near neutral/oversold — relief bounce possible. �

• Price below major moving averages → broader bear trend still intact. �

CoinMarketCap

CoinCheckup

Short Setup (if bearish):

📉 Enter short near resistance zone (~6.7–7.2)

⬇️ Target downside test at support (~6.0 or lower)

📍 Stop-loss above recent swing high (~7.3+)

Sentiment Check:

Major indicators lean bearish short term; short trades favored until resistance breaks decisively.