SHORT SETUP –
$GLM USDT PERP 📉
Trading at $0.28241
📉 BEARISH BREAKDOWN ACTIVE
· Price below key MAs:
MA(7) 0.28451
MA(25) 0.29019
MA(99) 0.31529
· Testing 24h Low: 0.28123 – critical support zone.
· Mark Price: 0.28244 – aligned, no premium.
🎯 TRADE PLAN
· Short Entry: 0.28250 – 0.28400
· Stop Loss: 0.28800 (above MA cluster)
· Targets:
TP1: 0.27500
TP2: 0.27000
TP3: 0.26500
📊 CONFIRMATION & RISK
· Volume low vs MA – caution, but trend is bearish.
· Downtrend from 0.31876 remains intact.
Use tight stops – volatility expected.
Break below 0.28123 confirms next leg down.
#Crypto #ShortSignal #GLM #Trading #BinanceSquare $GLM