$GLMR – Bullish Breakout & Consolidation Above Support
$GLMR is currently trading near 0.0320 after a strong impulsive rally from the lower range. Price has entered a tight consolidation just above the breakout zone—a healthy pause following strong momentum. On the 1H timeframe, the bullish structure remains intact, with higher highs and higher lows still in play.
Trade Setup:
Entry Zone: 0.0310 – 0.0322
Target 1 🎯: 0.0338
Target 2 🎯: 0.0360
Target 3 🎯: 0.0395
Stop Loss: 0.0298
Notes:
The pullback from 0.034+ appears corrective, with buyers defending the 0.0310–0.0315 area consistently.
Prior resistance has flipped into support, reinforcing the bullish continuation setup.
A clean breakout above 0.0330 on strong volume could trigger the next expansion leg toward higher resistance.
Momentum remains biased upwards as long as price holds above the breakout base.
