GLMR Explosion or Final Trap?
$GLMR | Spot: $0.1046 (+6.08%)
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Yello Paradisers,
This is one of the cleanest yet most deceptive setups we've seen on GLMR in weeks. If you're not watching closely, you'll either catch the move or get caught in it.
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What Just Happened?
5-wave rising wedge just completed — a classic signal for exhaustion.
Price is now tapping a key resistance zone that has rejected multiple times.
The stall is happening exactly where smart money wants you unsure.
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Key Support Levels
$0.095 — Critical short-term support. Holding here = bullish consolidation and potential springboard up.
$0.085 — Strong demand zone. If tested, watch for aggressive bounce plays — golden long entries are possible only if momentum comes back hard.
$0.0709 — Last line of defense. A close below here invalidates the bullish structure. That’s the flip zone — bearish bias activated.
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Upside Targets
$0.1313 — First resistance to watch.
$0.145 – $0.155 — Major supply zone. Expect distribution and sharp volatility here.
This is where the big players will likely start offloading. Be ready to scale or step back.
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Final Word
This isn’t a time for emotion — it’s a time for discipline, timing, and focus.
We’re either on the edge of a breakout explosion — or the last trap before the fall.
Stay sharp. Watch the levels. Act with precision.
