$GLQ might be cooking up something interesting here. Looking at the chart, there's a possibility we're dealing with a large ABC diagonal formation.
Price already tapped that sweet 61.8% Fibonacci level around $0.0085, but honestly? The bounce we've seen isn't exactly screaming conviction. Pretty weak reaction if you ask me.
Here's what matters: if current support gives way, traders should keep an eye on $0.00365. That's where the next meaningful reversal opportunity could present itself.
Not financial advice obviously, but this setup deserves monitoring. Sometimes the market needs a deeper shake before finding its footing.
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ChainSauceMaster
· 11-10 01:13
Fall is healthier! Bearish traders are starting!
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quiet_lurker
· 11-08 18:39
Still waiting for a pullback to buy in more safely.
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quietly_staking
· 11-07 02:49
You're only at this technical level and still dare to be bullish?
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consensus_failure
· 11-07 02:49
I really didn't understand what you said, big brother.
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TheShibaWhisperer
· 11-07 02:36
Buying on dips is another opportunity to enter a position. It will be too late once the reversal happens.
$GLQ might be cooking up something interesting here. Looking at the chart, there's a possibility we're dealing with a large ABC diagonal formation.
Price already tapped that sweet 61.8% Fibonacci level around $0.0085, but honestly? The bounce we've seen isn't exactly screaming conviction. Pretty weak reaction if you ask me.
Here's what matters: if current support gives way, traders should keep an eye on $0.00365. That's where the next meaningful reversal opportunity could present itself.
Not financial advice obviously, but this setup deserves monitoring. Sometimes the market needs a deeper shake before finding its footing.