**🚨 $GLMR/USDT – BEARISH BREAKDOWN IN PROGRESS! (Short Opportunity) 🚨**
**Price rejecting key levels + Downtrend accelerating** – Here's your professional short setup:
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### **📉 BEARISH TECHNICALS**
- **Current Price:** **$0.0828** (Under pressure)
- **Rejection Zone:** **$0.0835–$0.0865** (New lower high forming)
- **Trend:** **Lower highs & lower lows** (Downtrend confirmed)
- **Key Resistance:** **$0.0878** (Stop loss level)
- **1H RSI:** **Bearish momentum building**
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### **🎯 SHORT TRADE PLAN**
- **Entry Zone:** **$0.0835 – $0.0865** (Optimal short area)
- **Take Profit Targets:**
- **TP1:** **$0.0810** (First support)
- **TP2:** **$0.0795** (Previous swing low)
- **TP3:** **$0.0770** (Next major demand zone)
- **Stop Loss:** **$0.0878** (Above recent high)
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### **💡 WHY THIS SETUP WORKS?**
✅ **Strong Downtrend Structure** (Sellers in control)
✅ **Rejection at Key Resistance** (Lower highs confirmed)
✅ **High Risk-Reward Ratio** (1:3+ potential)
**Trigger Confirmation:** Wait for **1H close below $0.0820** with rising volume to confirm bearish continuation.
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### **⚠️ RISK WARNING**
- A break **above $0.0878** invalidates the bearish thesis → Exit short.
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**🔥 Final Thought:**
$GLMR looks **heavy**—will the bears push it to **$0.0770?**