Binance Technical Analysis: $GLM
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/USDT โ Aiming for Key Targets ๐ฏ
The GLM/USDT pair has shown strong momentum with a 10.50% price increase in the last 24 hours, currently trading at 0.4513 USDT. Letโs break down the key targets to watch for potential trading opportunities:
Target 1: $0.4600
This level represents a resistance point, with the price reaching close to it earlier in the session. A breakout above could signal continued bullish momentum.
Target 2: $0.4550
A strong support-turned-resistance level. If the price dips towards this area, it might serve as a solid entry point for buyers looking for a bounce back to higher levels.
Target 3: $0.4300
A key support zone, where the price found stability in recent times. A dip to this level could provide a buying opportunity, with the potential for a reversal upwards.
๐ Trend Insight: With increasing volumes and a solid 24-hour high of 0.4516, GLM/USDT is showing bullish signs, but watching these targets will be essential to determine the next move.
Stay tuned to Binance for further updates! ๐๐