GLMR / TetherUS
Long
Updated

GLMR Bottomed? Watch This Key Trendline Reclaim

991
GLMR has likely completed a full 5-wave impulsive decline, with the final leg extending after a clean deviation below the key trendline, printing a low at 0.0543. This marks a potential medium-term bottom. A corrective upside move is expected from this zone, though the broken trendline remains unreclaimed and now acts as resistance. The internal supply trendline around 0.2337 is critical — price may face strong rejection here. However, a confirmed breakout above it could open the door toward 0.757, aligning with a broader supply zone.
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