⚡️ Bearish Order Flow: short setup $GLM /USDT
Full synchronization of structure (BEARISH) on the higher (4H), hourly (1H), and lower (15m) timeframes. Buyers were knocked out, and the priority for selling moved into the Premium Sells Only zone. Confirmed breaks of structure (BOS) and local highs (LH) indicate the dump is likely to continue.
🧠 Smart Money analysis:
The current price is around 0.0875 USD, squeezed at the bottom after the sell-off wave. Opening a short “at market” is not advantageous due to poor risk conditions. We’re waiting for a corrective bounce toward the resistance zone and seller order blocks to enter in line with the downtrend.
Trading plan:
📍 Entry Zone: 0.0885 – 0.0895 USD (retest of the Premium zone and Order Block)
🎯 Take Profit: 0.0840 – 0.0855 USD (liquidity sweep from below and update of LL)
⛔️ Stop Loss: 0.0905 USD (a hold above will invalidate the bearish scenario)
💡 Summary: Don’t try to catch the “bottom” against a synchronized downtrend across all timeframes. It’s much safer to wait for the pullback into the premium zone and enter together with smart money.
Do you place limit orders for a retest of the order block, or are you waiting for confirmation with a reversal on M5? Write in the comments! 👇
#GLM #crypto #trading #BinanceSquare #TechnicalAnalysis
Full synchronization of structure (BEARISH) on the higher (4H), hourly (1H), and lower (15m) timeframes. Buyers were knocked out, and the priority for selling moved into the Premium Sells Only zone. Confirmed breaks of structure (BOS) and local highs (LH) indicate the dump is likely to continue.
🧠 Smart Money analysis:
The current price is around 0.0875 USD, squeezed at the bottom after the sell-off wave. Opening a short “at market” is not advantageous due to poor risk conditions. We’re waiting for a corrective bounce toward the resistance zone and seller order blocks to enter in line with the downtrend.
Trading plan:
📍 Entry Zone: 0.0885 – 0.0895 USD (retest of the Premium zone and Order Block)
🎯 Take Profit: 0.0840 – 0.0855 USD (liquidity sweep from below and update of LL)
⛔️ Stop Loss: 0.0905 USD (a hold above will invalidate the bearish scenario)
💡 Summary: Don’t try to catch the “bottom” against a synchronized downtrend across all timeframes. It’s much safer to wait for the pullback into the premium zone and enter together with smart money.
Do you place limit orders for a retest of the order block, or are you waiting for confirmation with a reversal on M5? Write in the comments! 👇
#GLM #crypto #trading #BinanceSquare #TechnicalAnalysis