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$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.