GLMR Is Flashing Red: The Resistance Collapse

Entry: 0.0355 ๐ŸŸฉ

Target: 0.0315 ๐ŸŽฏ

Stop Loss: 0.0386 ๐Ÿ›‘

$GLMR just slammed into resistance at 0.0400 and the rejection is brutal. This is not a gentle pullback; the 1h chart shows aggressive seller pressure taking control. Momentum has vanished, signaling a critical phase shift. If buyers cannot reclaim the 0.0355 level immediately, anticipate a fast continuation lower. The setup is clean. Keep a close eye on $BTC for broader market volatility that could accelerate this breakdown.

NFA. This is not financial advice.

#GLMR #CryptoTrading #ShortSetup #Moonbeam #Altcoins ๐Ÿšจ

GLMR
GLMR
0.0336
-10.16%

BTC
BTCUSDT
90,230.5
-1.38%