$GMX GMXUSDT is compressing right under higher timeframe resistance after a strong recovery from the 6.0 region. Despite the recent pullback, price is still respecting the rising structure and holding close to the 20MA. This kind of slow retrace after expansion usually means sellers are losing momentum while buyers absorb supply quietly. The rejection from 7.8 didn’t fully break structure. Instead, GMX is building a potential higher low zone around 7.0 7.1. If price reclaims 7.35 with volume, the market likely rotates back toward the 7.8 highs quickly. The important detail: Panic selling never accelerated during the correction. That usually matters before continuation. #SchwabCryptoGoesLive #CPI+PPIDoubleBeat #OnChainBeatsNasdaq $BTC $ETH