Oct. 3 at 4:18 AM
$GLBE is down 45% since mid-February.
Technically, there seems to be a strong support zone near the current level as MA 50 crossed over MA 100.
📌 Key Observations
GLBE is in a post-correction base-building phase after a large selloff.
$32–33 support is critical — if this breaks, price risks retesting
$28–30.
Bulls need to reclaim
$38–39 (100 EMA) to signal strength and open the door toward
$42–44 (200 EMA).
Until
$42+ is cleared, the larger trend remains bearish / corrective.
🏹 Trading Outlook
Bullish Scenario: Long entries only valid if price holds above
$35 and breaks
$38–39. First target
$42–44, then stretch target
$50 if momentum builds.
Bearish Scenario: A breakdown below
$32 likely drags price back toward
$28–30.
Neutral: Between
$32–38, expect consolidation (range trading).
