$GLM
/USDT Technical Analysis & Trade Signal🔥💯
Current Price: $0.4195
Momentum: Bullish (+5.77%)
Technical Indicators:
1. Support Levels:
Key Support: $0.3905 (recent 24h low)
2. Resistance Levels:
Immediate Resistance: $0.4233 (24h high)
Key Resistance: $0.4300 (next breakout level)
3. Moving Averages:
Price above the 20 EMA and 50 EMA, indicating upward momentum.
4. RSI: Near 60 (bullish but not overbought).
Trade Signal:
Recommendation: Buy on Dip
Entry: $0.4100 - $0.4150
Stop-Loss: $0.3850
Target Levels:
🎯 Target 1: $0.4300 (short-term resistance)
🎯 Target 2: $0.4450 (mid-term breakout zone)
🎯 Target 3: $0.4600 (extended bullish target)
Momentum Outlook:
If $0.4233 is broken, expect acceleration towards $0.4300 and above.
Watch for retracements to support zones for new entry opportunities.