GMX base volume, short to 0
Beware of this bounce, don’t get trapped.
★
$GMX #GMX [Utama]
Now at $7.1860, 24h change +1.44%
24h volume is only $1.77M, market base
→ Volume fades 57.7%, sellers are filling up, keep shorting to 0
Not a dead cat bounce, just pure sideways
Entry: $8.6232 place a short, stop loss 10% ($9.4855)
This is also a good short entry:
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$ZEC Now $1360.00, 24h change +15.05%
Entry: $1632.00 place a short, stop loss 10% ($1795.20)
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$USELESS Now $0.270680, 24h change +16.47%
Entry: $0.324816 place a short, stop loss 10% ($0.357298)
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Only test with a small amount of capital, tight stop, never trade without risk control
#VolumeAnalysis #CryptoAnalysis