Technical analysis by NoSecondBest about Symbol GMX: Buy recommendation (4/13/2024)

GMX is a Decentralized Perpetual Exchange. I use it, and as the old adage says: "Buy What You Use".https://gmx.ioYes the SEC is suing Uniswap and probably other decentralized exchanges. The last time I checked, the SEC doesn't have jurisdication over the world and is only protecting Americans from scams like FTX and buying Bitcoin under $300 when the first ETF was proposed.The thesis for GMX:A utility token where holders will get fees from traders using the exchange.If we do have a long-term bear market, GMX will allow people to short or hedge their positions.Technicals:- All Time Low was hit yesterday.- Triple bottom.Stop loss: weekly close below $23.I am very comfy building a large GMX position and staking it.Earning 11% staking reward and TWAPing the ETH into more GMX on uniswap.app.gmx.io/In the casino, the house always wins.