$GLM USDT – NEW LOWS IN SIGHT, SHORT TRADE STILL IN CONTROL
REJECTED BELOW SAR AT 0.2841
DOWNWARD PRESSURE PERSISTING AFTER -7.8% DROP
$GLM is trading at $0.2804 after tagging a fresh session low at $0.2800. The price continues its bearish trajectory on the 15-minute chart, unable to reclaim the Parabolic SAR resistance ($0.2841). With consistent lower highs and growing sell volume, breakdown continuation is highly probable.
Short Setup:
• Entry: $0.2805 – $0.2825
• Target 1: $0.2750
• Target 2: $0.2680
• Stop Loss: $0.2855
Unless bulls reclaim $0.285+ with force, $GLM remains vulnerable. Trend structure and momentum favor the downside.
GLM bears maintain control — short bounces, ride trend.