$GLMR / USDT – Bullish Continuation Setup 🔥
$GLMR has shown strong momentum, gaining +12% in the last 24 hours. After a sharp impulse move from 0.0230 → 0.0321, price has transitioned into a healthy pullback and tight consolidation, a structure that often forms before continuation.
On the 1H timeframe, selling pressure has noticeably weakened. Price is holding above a key demand zone and compressing into a narrow range — signs of accumulation, not distribution.
📌 Trade Setup
Entry Zone: 0.0260 – 0.0268
Stop-Loss: 0.0248
Targets:
🎯 TP1: 0.0286
🎯 TP2: 0.0306
🎯 TP3: 0.0321
📊 Technical Outlook
Strong demand and structural support at 0.0250 – 0.0260
Prior impulse high at 0.0321 remains the main upside objective
Sideways compression suggests seller exhaustion
A clean break and hold above 0.0286 with volume would confirm bullish continuation
🧠 Market Bias
As long as price holds above the demand zone, the structure favors a controlled buildup rather than aggressive selling. A confirmed breakout could allow GLMR to rotate back toward recent highs and potentially extend further.
Trade with patience, manage risk, and let structure lead the decision. ⚖️
