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#GLM — Trendline Rejection Signals Bearish Continuation 🔻📉
GLM is rejecting the descending trendline after multiple failed attempts to break above 0.22949, showing sellers still in strong control. Price is now turning down from the upper rejection zone, confirming bearish momentum. Lower highs continue forming, and momentum is shifting back into seller territory.
$GLM
If price stays below 0.22590, bearish continuation remains valid toward lower support levels. Trend stays bearish unless buyers reclaim the breakdown zone.
🔻 Entry Zone (Short)
0.22590 – 0.22530
🎯 Downside Targets
• 0.22380
• 0.22240
• 0.22100
🛑 Stop Loss
0.22670
Invalidation
Above 0.22670, bearish continuation weakens.