HexaTrades

GMXUSDT Inverse Head And Shoulders

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BINANCE:GMXUSDT   GMX / TetherUS
GMXUSDT Technical analysis update

GMXUSDT has formed an inverse head and shoulder pattern on the daily chart. With the price breaking its neckline, this suggests a potential bullish signal for GMX.

Buy zone: Below $55.50

Stop loss : $48.75

Take Profit 1: $60.50
Take Profit 2: $72.00
Take Profit 3: $90.00

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