$GLM
USDT BULLISH DEMAND ZONE DEFENSE – LONG SETUP
GLM/USDT is consolidating above a major support region after a deep correction, indicating seller exhaustion and steady accumulation. The price structure shows stabilization with potential for a recovery move as long as the demand zone remains intact.
Trade Plan (Long):
Entry Zone: 0.215 – 0.235
Targets:
TP1: 0.2703
TP2: 0.3134
TP3: 0.3564
TP4: 0.3897 – 0.3995
Stop Loss: 0.1940 (below key structural support, invalidates bullish scenario)
Market Outlook:
Holding above the demand area keeps buyers in control. A strong breakout above the first resistance increases the probability of continuation toward higher targets.
Risk Management:
Risk only 1–2% per trade, take partial profits at each target, and trail stop loss after TP1 to protect gains.
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