GMX Long Spot Trade (Accumulation Breakout)

Market Context:
GMX is exhibiting signs of accumulation exit, with price action hinting at a potential breakout. A sustained move above $30, followed by a successful retest of this level as support, could confirm continuation toward higher targets.

Trade Setup:

Entry Zone: Around support at $30.00
Take Profit Targets:
First target: $40.00
Second target: $49.50
Third target: $70.00
Stop Loss: Daily close below $25.00
This trade capitalizes on the breakout potential and a confirmed support flip for a strong upward continuation. Keep an eye on volume to confirm breakout strength.