$GLM 4h ANALYSIS 📊
- My expectation is that the price will correct to the range of 0.2445 - 0.2436 and then rise again towards the levels of 0.2638 and 0.2700 with a strong buyer response. So it seems like there is a long trading opportunity here.
- Before entering the trade, do not rush without seeing a clear reversal signal (such as a pin bar, engulfing, or a rapid rise after liquidity sweep) at the support area I mentioned. Opening a trade without confirmation would be risky.
- If the price dips below 0.2251 and a strong reversal signal forms here, then a new long opportunity may arise.
- If the price breaks above 0.2700 and holds there, the continuation of the trend can be tested instead of a short, but my main scenario for now is a long trade from the support.
- My expectation is clear: The price will first drop to the range of 0.2445-0.2436 and then turn upwards, and we will see an increase up to the...