Title: $GLMR Bounce Play 📈
$GLMR/USDT – Bullish retracement
Entry: 0.00885–0.00895 (50–61.8% zone)
TP: 0.0093 / 0.0101
SL: 0.0078
⚠️ Not financial advice. DYOR.
Notes on the levels (from your chart):
Entry: 0.00885–0.00895, the 50%–61.8% Fib retracement zone where price is currently sitting — a common area for bulls to step back in after the impulse move off the LL.
TP1 (0.0093): the 28.2% Fib / prior consolidation resistance. TP2 (0.0101): the HH swing high — full retracement target if momentum continues.
SL (0.0078): just below the 100% Fib / LL — if price closes below this, the bullish structure is invalidated and the move likely fails.
RSI at 68 is already strong, so confirm price holds the zone (doesn't just wick through it) before entering rather than buying blind.
@Binance Square Official #BitcoinClears$85200 #AltcoinSeasonIndexHoldsAbove60For5Days
#USADPAdds90000JobsInSeptember #Binance #ChartSniper
$GLMR/USDT – Bullish retracement
Entry: 0.00885–0.00895 (50–61.8% zone)
TP: 0.0093 / 0.0101
SL: 0.0078
⚠️ Not financial advice. DYOR.
Notes on the levels (from your chart):
Entry: 0.00885–0.00895, the 50%–61.8% Fib retracement zone where price is currently sitting — a common area for bulls to step back in after the impulse move off the LL.
TP1 (0.0093): the 28.2% Fib / prior consolidation resistance. TP2 (0.0101): the HH swing high — full retracement target if momentum continues.
SL (0.0078): just below the 100% Fib / LL — if price closes below this, the bullish structure is invalidated and the move likely fails.
RSI at 68 is already strong, so confirm price holds the zone (doesn't just wick through it) before entering rather than buying blind.
@Binance Square Official #BitcoinClears$85200 #AltcoinSeasonIndexHoldsAbove60For5Days
#USADPAdds90000JobsInSeptember #Binance #ChartSniper