GLM Bearish Frenzy: Weak Rebound, Weakness Fully Displayed!
From the 4-hour candlestick chart, GLM began a unilateral downtrend after rising to $0.64, rebounding to $0.55 and encountering strong resistance, then falling back again, showing a typical bearish pattern. The short-term moving averages have crossed negatively, and the price has been operating below the moving averages throughout, indicating a pessimistic technical outlook. Continuous bearish candles and frequent upper shadows are clear.
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