$GLM /USDT ALERT: Potential Breakout or Retracement – Act Now! 🚨
$GLM is trading at $0.4627, reflecting a significant surge of 18.61% in the last 24 hours, with a daily high of $0.5245 and low of $0.3673. After a strong bullish rally, the chart indicates a rejection near the $0.52 resistance level, followed by a minor pullback.
💡 Long Entry Setup:
Enter near $0.47, targeting $0.50, $0.52, and $0.54 for a breakout above resistance. Stop loss: $0.44 to limit downside risk.
💡 Short Entry Setup:
If price struggles to reclaim $0.47, consider entering short with targets at $0.44, $0.42, and $0.40. Stop loss: $0.50 to avoid a squeeze.
⚠️ Market Insight:
GLM’s momentum is cooling off after a sharp rise, suggesting consolidation or a potential move based on volume and market sentiment. Watch the $0.47 level closely – it’s the key to deciding the next major move. Manage risk and trade wisely!
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