$GLM /USDT LONG TRADE SIGNAL
RECLAIMING LOCAL SUPPORT LEVEL
OVERSOLD BOUNCE FROM INTRADAY LOWS
POTENTIAL REVERSAL FROM MICRO DOUBLE-BOTTOM
GLM is attempting to bounce from the $0.2233 zone after sustained selling pressure. Price is holding just above the 7 MA and challenging the 25 MA, indicating a potential short-term reversal.
Trade Setup:
Long Entry: 0.2235 – 0.2240
Target 1: 0.2258
Target 2: 0.2274
Stop Loss: 0.2225
Market Outlook: Minor rebound expected if price holds above 0.2230. A break above 0.2250 could trigger further upside momentum. Still in a downtrend on higher timeframes, so manage risk accordingly.
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