GMXUSDT Short Setup Crushes TP1! Bearish Momentum Eyes TP4GMXUSDT on the 4-Hour timeframe executed a short trade setup, successfully hitting TP1 and showing strong momentum to likely reach the remaining targets.
Trade Highlights:
Entry: $36.805
TP1: $30.815 (DONE)
TP2: $21.125
TP3: $11.430
TP4: $5.445
Stop Loss: $41.650
Technical Insights:
The downtrend is well-supported by bearish confirmations from the Risological Trading Indicator , with clear rejection at resistance levels. Momentum indicators suggest a continuation of the bearish move.
