π Paradisers, turn your attention to #GMXUSDT as we gear up for a potential bullish shift. It's currently challenging a key resistance, hinting at a possible change in direction.
π #GMX is on the brink of breaking through its resistance at $49.89. If it manages to push past this level and keep up the momentum, there's a high chance we'll see it embark on a bullish journey, aiming for higher resistance levels. For now, we're expecting a slight pullback to the demand zone.
π There's a possibility that #GMX may not maintain the momentum needed to break out initially. Should this happen, a period of downward consolidation might occur before it tests our defined support level at $45.85 again. A successful retest of this level could pave the way for a substantial upward move.
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π Bingo! #GMXUSDT is dancing to our tune, up 52.51% just like we predicted.