$GMX/USDT 8h (#Bybit) Ascending trendline retest

GMX seems likely to be rejected on resistance again and head back down to 100EMA support.

⚡️⚡️ #GMX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.1%

Current Price:
84.100

Entry Targets:
1) 85.070

Take-Profit Targets:
1) 75.005

Stop Targets:
1) 91.800

Published By: @TradingOn

GMX #GMXUSDT

Risk/Reward= 1:1.5
Expected Profit= +59.2%
Possible Loss= -39.6%