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Technical analysis by Alpha-GoldFX about Symbol GMX: Buy recommendation (8/10/2025)

https://sahmeto.com/message/3696594
Alpha-GoldFX
Alpha-GoldFX
Rank: 246
3.2
Buy،Technical،Alpha-GoldFX

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!

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Valid Until:
28 Day
Profit Target:
$22.4
Price at Publish Time:
$19.07
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