#GLW $GLW This 15m drop is a bit sharp. Current price $207.84, 24h -6.85%.

I usually look at two things first. The short-term trend is still heading lower, so wait for signals before bottom fishing.

However, there’s a risk: 55% of short positions are still in profit. With a funding rate of +0.029%, long sentiment is a bit overheated. It’s not too late to wait for supporting bids to appear before looking for a rebound.

Let’s look at the two charts below: first the key levels, then the 15m candlestick rhythm.

If $201.6048 holds, the structure still has a foundation to continue; space will only open up after breaking past $213.036.