Currently, #GMXUSDT is moving along a descending channel, sitting close to a potential breakout zone that could fuel a strong upward surge. Right now, #GMX is testing the channel’s upper resistance, creating a high probability of a breakout. But don’t rush—let’s get confirmation first.

For this breakout to signal a real bullish move, #GMXUSDT needs to decisively break past the minor resistance at $33.70. This breakout only gains significance if it’s backed by solid bullish indicators, such as clear engulfing candles and strong buying volume.