🔥 GLMRUSDT | Short-Term Market Update 📊

$GLMR experienced a sharp impulsive spike, followed by a clear distribution and pullback phase. Price is now stabilizing near a key demand zone, where the next directional move will be decided 👀

📈 Bullish Scenario (Recovery Setup):

If GLMR holds the current support and reclaims the local resistance, a recovery move can develop.

📌 Entry (Buy Setup):
✅ 0.0282 – 0.0286
(Support hold + bullish candle confirmation)

🎯 Take Profit (TP):
🥇 TP1: 0.0295
🥈 TP2: 0.0306
🥉 TP3: 0.0318

🛑 Stop Loss (SL):
❌ 0.0275

👉 Indicates buyers defending demand and attempting a trend shift.

GLMR

0.0259

-2.99%

📉 Bearish Scenario (Continuation Breakdown):

If price fails to hold support and closes below it, further downside is likely.

📌 Entry (Sell Setup):
❌ Below 0.0279
(Break & weak retest)

🎯 Take Profit (TP):
🔻 TP1: 0.0272
🔻 TP2: 0.0265
🔻 TP3: 0.0258

🛑 Stop Loss (SL):
❌ 0.0289

👉 Confirms sellers remain in control after the spike fade.