$GLMR /USDT Long Forecast · Bias: LONG (Oversold Bottoming & Relief Rebound)
Strong base formation and accumulation near the 24h Low (0.007400) following an extended -21.32% intraday correction! Price is carving out a double-bottom structure on the 15m chart with selling pressure clearly dried up, paving the way for a sharp relief rally toward key overhead supply zones! 🚀📈
Trade Setup:
Position: LONG $GLMR
Entry Zone: 0.007650 – 0.007850
Stop Loss (SL): 0.007320 (Clean invalidation below the 24h Low at 0.007400)
Take Profit Targets:
TP1: 0.008300 (Immediate local resistance & breakdown retest level)
TP2: 0.008900 (Mid-range supply block & previous consolidation support)
TP3: 0.009950 (Retesting near the 24h High liquidity pool at 0.009970)
TP4: 0.011000 (Psychological breakout expansion target)
Strong base formation and accumulation near the 24h Low (0.007400) following an extended -21.32% intraday correction! Price is carving out a double-bottom structure on the 15m chart with selling pressure clearly dried up, paving the way for a sharp relief rally toward key overhead supply zones! 🚀📈
Trade Setup:
Position: LONG $GLMR
Entry Zone: 0.007650 – 0.007850
Stop Loss (SL): 0.007320 (Clean invalidation below the 24h Low at 0.007400)
Take Profit Targets:
TP1: 0.008300 (Immediate local resistance & breakdown retest level)
TP2: 0.008900 (Mid-range supply block & previous consolidation support)
TP3: 0.009950 (Retesting near the 24h High liquidity pool at 0.009970)
TP4: 0.011000 (Psychological breakout expansion target)
