$GLMR – Weak Bounce, Bearish Structure

$GLMR is showing a weak recovery with lower highs forming, suggesting sellers are still in control and the bounce lacks strength.

Trade Setup – Short

Entry Zone: 0.0180 – 0.0190

Stop Loss: 0.0205

Bearish Confirmation: Below 0.0175

Targets:

TP1: 0.0165

TP2: 0.0150

TP3: 0.0135

Structure Insight

• Lower highs forming on bounce

• Weak recovery structure

• Sellers defending key levels

• Breakdown continuation potential if support fails

Outlook

If price stays below resistance, downside continuation toward lower targets is likely.

A break above 0.0205 would invalidate the setup and shift momentum back to bullish.