$GLMR /USDT is coming back into the spotlight. Price is currently trading at 0.0337 and the 24h change of -8.92% has made the market a bit shaky. However, sentiment feels surprisingly neutral-to-cautious despite the pure bearish pressure, as if the market is in a wait-and-watch mode.
Looking at the chart, it seems that the support zone around 0.0327 is showing strong buying interest, from where the price made a sharp wick. If this level holds, buyers may gain momentum.
On the upside, the immediate resistance is at 0.0351 where the last rejection occurred. After breaking this, a clean move to the short-term target of 0.0365 is possible, but if rejection occurs, the price could go down to take a breather.
Overall, the scene is simple: GLMR is currently under pressure, but the structure is not completely broken. Smart entries should only be near support, with tight risk management.
