GLMR/USDT: Uptrend Momentum, But Stay Cautious of Pullbacks! 📈⚖️

Based on multi-timeframe analysis and latest news, GLMR shows strong bullish signals in the short term, supported by:

🔥 Positive Catalysts:

· Network Runtime 4100 upgrade → transactions up 221%!

· Staking limit decreased → participation increased.

· Binance offers staking up to 71% APR & a 2 million USDT tournament.

· Aggressive accumulation by "smart money" (buy volume 14.5x sell volume).

📊 Technicals:

· Price broke through EMA 7/25/99 on 4-hour timeframe.

· RSI approaching overbought on smaller timeframe (80+), but still room on 4-hour (67.1).

· Key support: $0.0264 – $0.025.

· Resistance: $0.0283 (breakout target).

🎯 Strategy:

· LONG preferred → wait for pullback to $0.025–0.0264 zone for entry.

· Target: $0.0283–$0.030.

· Stop loss: $0.0245.

· SHORT only if price rejected at $0.0283 + RSI >85.

⏳ Estimate: Momentum could continue for 1–2 weeks if volume remains high.

In short: Better LONG opportunities after a pullback. Avoid FOMO at high prices! Be cautious of short-term pullbacks due to overbought RSI.

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GLMR

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