GMX/USDT Ready to continue upward made new higher high??

💎 GMX has been a notable point of focus in the market. It's currently in a consolidation phase within the demand area. However, recent chart activity suggests a positive shift in momentum.

💎 For GMX to maintain its upward trajectory and reach new heights, it's crucial for it to break through the resistance area and form a higher high, probability aligning with our target area.

💎 As long as GMX remains above the demand area, the overall outlook remains relatively stable. However, a breakdown below this demand area could be a troubling indicator for GMX's future movement. Such a development might signal the beginning of a downward trend, potentially leading GMX toward the bullish OB area or even lower.