GLM/USDT Buy Setup : Potential Upside Trade Opportunity

#GLM: #GLMUSDT #GLM #Write2Earn #BinanceSquareFamily

$GLM

Trade Summary

Entry Point : $0.3606

Targets :
T1 : $0.4046
T2 : $0.4447

Stop Loss : $0.3394

Analysis & Strategy :

Strength Signal : This setup aligns with a liquidity-based trading system that identifies reversal zones for potential upside moves.

Liquidity Dynamics :

Liquidity Sweeps : Price has swept the range deviation and the volume profile Point of Control (POC), signaling bullish strength.

Target Levels : Opposite liquidity void and range high serve as natural targets for this move.

Entry Confirmation : The reclaim of the range POC combined with IFVG (Imbalance-Filled Value Gap) adds confidence to the trade setup.

Resistance Levels :
Immediate Resistance : $0.4046 (T1).
Key Resistance : $0.4447 (T2).

Conclusion :
GLM/USDT presents a strong buy opportunity with well-defined entry and exit points. Traders can capitalize on liquidity sweeps and reversal zones to achieve targets. Maintain caution at $0.4046 and adjust strategies accordingly.

Pro Tip for Investors :
Use risk-reward management : Ensure proper stop-loss placement at $0.3394 to protect capital.
Monitor volume profiles near resistance zones for confirmation of strength or reversal signals.

"Trade cautiously and always prioritize capital preservation." 🚀