๐จ $GLMR
/USDT โ Momentum Climbing or Near-Term Reversal? ๐ฅ
$GLMR just posted an +8.17% gain, showing signs of strength in the Layer 1 space. But is it gearing up for a breakoutโor losing steam? Letโs analyze the setup!
๐ Market Overview
๐ Current Price: $0.0843
๐ 24h High: $0.0843
โ๏ธ 24h Low: $0.0770
๐ Parabolic SAR: [Likely flipped bullish above $0.0800]
๐ MACD Momentum:
DIF: [Pending]
DEA: [Pending]
MACD: [Pending]
๐ $glmrTrade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $glmrHolds Above $0.0830):
Entry: Above $0.0845
Targets: $0.0880, $0.0925, $0.0980
Stop-Loss: $0.0800
๐น Bearish Scenario (If $glmrFalls Below $0.0800):
Entry: Below $0.0800
Targets: $0.0770, $0.0735, $0.0700
Stop-Loss: $0.0840
๐ Hold or Fold?
โ Holding support above $0.083 = bullish continuation likely
โ Breakout above $0.0845 with volume could push toward $0.09+
โ ๏ธ Failing $0.080 could lead to fast rejection toward $0.077 zone
๐ก Pro Tip:
๐ Monitor $0.0845 breakout zone with volumeโit's the trigger for upside extension
โ ๏ธ No volume = high fakeout riskโconfirm momentum before entering!
๐ข Are you bullish on $GLMR or waiting for confirmation? Letโs talk below!
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