$GLMR /USDT Trading Setup

Bullish Setup

1. Entry Zone: $0.2630 - $0.2650 (near current levels with consolidation)

2. Targets:

Target 1: $0.2700 (local resistance).

Target 2: $0.2750 (24h high and key breakout level).

Target 3: $0.2800 (extended bullish target).

3. Stop Loss: $0.2600 (below recent low for risk management).

Observation:

GLMR is showing signs of consolidation near $0.2650 after a spike. A breakout above $0.2700 with volume can signal bullish continuation.

Bearish Setup

1. Entry Zone: $0.2660 - $0.2680 (if the price fails to break above resistance).

2. Targets:

Target 1: $0.2600 (support level).

Target 2: $0.2550 (24h low).

Target 3: $0.2500 (major support zone).

3. Stop Loss: $0.2700 (above resistance to limit risk).

Observation:

A breakdown below $0.2630 could attract selling pressure, targeting lower support levels. Volume confirmation is essential for this setup.

Risk Management:

Position size according to your risk tolerance.

Monitor price action near key levels and adjust stops to secure profits.