GMXUSDT Short Setup Crushes TP1! Bearish Momentum Eyes TP4

GMXUSDT on the 4-Hour timeframe executed a short trade setup, successfully hitting TP1 and showing strong momentum to likely reach the remaining targets.

Trade Highlights:

• Entry: $36.805
  
• TP1: $30.815 (DONE)
  
• TP2: $21.125
  
• TP3: $11.430
  
• TP4: $5.445
  
• Stop Loss: $41.650
  

Technical Insights:
The downtrend is well-supported by bearish confirmations from the Risological Trading Indicator, with clear rejection at resistance levels. Momentum indicators suggest a continuation of the bearish move.