$GLM

📊 GLM/USDT Analysis: Is the Bounce Coming or Will Bears Dominate?

GLM is down 20.05%, trading at $0.4918, with a 24-hour range of $0.4718 - $0.6596. The chart shows a strong bearish trend, but could a reversal be on the horizon? Let’s dive in!

Key Support & Resistance Levels:

🔻 Support: $0.4718 (24-hour low) – Buyers have shown interest here, but will it hold?

🔺 Resistance: $0.5146 and $0.5344 – Bulls need to break these levels to regain control.

Entry Strategies:

✅ For Bulls: Enter on a clear breakout above $0.5146 with rising volume, aiming for $0.5344 or higher.

✅ For Bears: Watch for a breakdown below $0.4718 to ride the bearish wave, targeting the next psychological level near $0.45.

With high trading volume fueling volatility, this is a battle of momentum. Whether you're buying the dip or shorting the breakdown, stick to your strategy, and always manage your risk!

What’s your take? Drop your insights below! 🚀📉

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