$GLMR /USDT — Failed Breakout → Bearish Pullback Setup

$GLMR spiked into 0.0342 and got hard rejected, signaling supply dominance at highs. Price is now trading around 0.0308, down 3.75% on the 1H, and consolidating below 0.0323, confirming momentum exhaustion after the pump.

This looks like a failed breakout + distribution, not healthy consolidation.

SHORT SETUP 👇

Entry Zone: 0.0305 – 0.0315

TP1: 0.0281

TP2: 0.0260

TP3: 0.0240

Stop Loss: 0.0345

Bias:

Rejection above 0.0342 confirms sellers stepping in aggressively. As long as price remains below 0.0323, downside pressure stays active. A clean break below 0.0300 could trigger acceleration into lower demand zones.