📊 $GLMR Technical Analysis & Setup
$GLMR volume is up 6.8x, confirming a 3.4% move with structure holding above the last higher low on the 1h chart. This is a counter-trend bounce within a broader bearish daily and weekly structure, so patience and confirmation are essential before execution.
• Key Support / Demand: 0.00816–0.00836 zone, following a liquidity sweep of 0.00808
• Resistance / Supply Targets: 0.00863, 0.00872, 0.00889, and 0.00900 to 0.00916
• Trigger / Confirmation: Wait for a 15m/5m bullish engulfing or market structure shift (MSS), plus a hold above 0.00836 on the retest before entering
• Risk / Invalidation: A daily close below 0.007885 flips the bias completely bearish. Place stop-loss protection beyond the structure flip, not just under the first wick
• Market Execution: Factor BTC's defensive flow and current open interest into your position sizing and timing
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #GLMR #Trading
$MOVE
$GLMR volume is up 6.8x, confirming a 3.4% move with structure holding above the last higher low on the 1h chart. This is a counter-trend bounce within a broader bearish daily and weekly structure, so patience and confirmation are essential before execution.
• Key Support / Demand: 0.00816–0.00836 zone, following a liquidity sweep of 0.00808
• Resistance / Supply Targets: 0.00863, 0.00872, 0.00889, and 0.00900 to 0.00916
• Trigger / Confirmation: Wait for a 15m/5m bullish engulfing or market structure shift (MSS), plus a hold above 0.00836 on the retest before entering
• Risk / Invalidation: A daily close below 0.007885 flips the bias completely bearish. Place stop-loss protection beyond the structure flip, not just under the first wick
• Market Execution: Factor BTC's defensive flow and current open interest into your position sizing and timing
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #GLMR #Trading
$MOVE
