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Thoughts on #GLM:
$GLM is trading inside a clear falling wedge structure after an extended downtrend, with price compressing between the converging trendlines. The structure shows consistent lower highs and lower lows while volatility gradually contracts, which is typical behavior before a potential breakout.
If $GLM manages to break and hold above the upper wedge resistance, the pattern would signal a bullish reversal and open the door for a momentum move toward higher resistance levels. Until the breakout confirms, $GLM remains in consolidation within the wedge.
#GLM #NasdaqLiftsRestrictionsOnBitcoinETFs