$GLM USDT BEARISH REVERSAL IN PLAY — SHORT SETUP ACTIVATED 🚨
After a strong rally peaking at $0.3552, $GLMUSDT is now showing signs of exhaustion with a clear rejection at the top and multiple red candles forming lower highs. The momentum has shifted, and sellers are stepping in aggressively. A breakdown below $0.3250 could trigger a sharper retracement.
📊 Trade Setup
• Entry Zone: $0.3260 – $0.3300
• TP1: $0.3020
• TP2: $0.2830
• Stop Loss: Above $0.3360 (last failed bounce zone)
📉 Market Outlook:
The pair is losing steam after an overextended move. As long as it remains below the $0.3350 region, bears are likely to dominate. Watch for volume confirmation and rejection candles to ride the downside.
