GMXUSDT is currently trading within a consolidation zone, forming a contracting pattern that indicates a potential breakout ahead. With strong volume support and steady investor activity, this setup is gaining attention as a possible bullish continuation structure. Based on the technical outlook, GMXUSDT shows the potential for a 50% to 60%+ move if momentum builds and buyers push the price above key resistance levels. This kind of structure often signals accumulation, where smart money is preparing for the next upward move. A confirmed breakout from the pattern could trigger a rally toward higher resistance zones, making GMXUSDT an attractive opportunity for traders seeking medium-term gains. The current chart structure aligns with bullish market sentiment and offers a favorable risk-to-reward setup. Investor interest is steadily increasing, and the volume profile supports the possibility of a breakout-driven rally. If the trend follows through, GMXUSDT could experience significant price expansion in the coming weeks. Monitoring the breakout levels will be crucial, as a strong push above resistance may unlock fresh bullish momentum for this pair. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!

Everything is clear on the chart, the blue lines are entry points, and the black lines are price targets. Let’s go! SarmayeDigital Analytical Team

GMXUSDT is currently showing a breakout setup from a long-standing resistance zone that looks to be flipping into support—a decisive shift that often marks the start of a new bullish trend. The price pushed through the overhead resistance on strong volume, signaling a potential change in market sentiment. Pulling back slightly toward the new support may provide a solid entry point for traders looking to capitalize on the momentum. Volume conditions are solid, suggesting that this move is supported by genuine buying interest, not just a short-term spike. A successful retest of the breakout zone could serve as confirmation and set the stage for a further rally. If momentum holds, this could result in a 90%–100%+ gain as price targets are reached toward prior highs. Wider market attention is turning toward GMX, with more investors recognizing its potential as decentralized perpetual trading gains traction. The combination of structural breakout, volume backing, and rising investor interest makes GMXUSDT an attractive mid-term setup for those targeting higher returns. This chart is worth watching closely—especially key support retests and volume behavior—to determine if this breakout has staying power and can launch a sustained trend. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!

#GMX has broken the descending channel to the upside on the daily chart. It is currently trading above the daily MA50. Expect some upward movement from here. Targets are: 🎯 $18.35 🎯 $21.33 🎯 $23.29 🎯 $27.28 🎯 $31.27 ⚠️ Use a tight stop-loss.

Just now opened a short position on GMX. Am expecting a clean fall soon down to $12.1 potential demand zone. 2.5-3.67RR 75% Tp at $12.54 close at $12.1 Stop: $13.78 DTT strategy applied

Entered gmx short a while ago. I anticipate further selloff down to 13.6 area. Roughly 3RR Market reacting to supply zone- more supply coming in. DTT applied. Stop and target on chart Time sensitive

The descending broadening wedge chart pattern is a bullish reversal formation characterized by two sloping and diverging trend lines. This pattern emerges as the price fluctuates between the upper resistance and lower support trend lines, expanding the trading range during a downtrend. A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines. A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line; the lower line is the support line. Each of these lines must have been touched at least twice to validate the pattern. NB: a line is said to be "valid" if the price line touches the support or resistance at least 3 times. This implies that the descending broadening wedge pattern is considered valid if the price touches the support line at least 3 times and the resistance line twice (or the support line at least twice and the resistance line 3 times). A descending broadening wedge does not mark the exhaustion of the selling current, but the buyers’ ambition to take control. The divergence of the two lines in the same direction (increase in price magnitude) informs us that the price continues to fall with movements that are increasingly low in magnitude. The sellers manage to make the price rebound on the resistance line but lose control after the formation of a new lowest point. The highest point reached during the first correction on the descending broadening wedge’s resistance line forms the resistance. A second wave of decline then occurs of more magnitude, signalling the sellers' loss of control after a new lowest point. A third wave forms afterwards but the sellers lose control again after the formation of new lowest points. During the formation of a descending broadening wedge, volumes do not behave in any particular way but they increase strongly when the support line breaks. This type of pattern appears on the troughs, it is a bullish reversal pattern. The break in the resistance line definitively validates the pattern. The price objective is determined by the highest point at which the descending broadening wedge was formed. NB: often, the steeper the descending broadening wedge’s trend lines, the faster the price objective is reached. Statistics of the descending broadening wedge after a bullish movement In 80% of cases, the exit is bullish. In 75% of cases, a descending broadening wedge is a reversal pattern. In 60% of cases, a descending broadening wedge’s price objective is achieved when the resistance line is broken. In 21% of cases, the price makes a pullback in support on the descending broadening wedge’s resistance line. I also feel its important to add the staking on this is crazy, and comes from margin fees. app.gmx.io its about 80% at time of post.