🚀 $GLM
/USDT Technical Analysis – Current Price: 0.3640 USDT
📈 Market Overview: GLM/USDT has been showing strong momentum in the past 24 hours, up +4.06% from its low of 0.3418 USDT. The 24h high reached 0.3713 USDT, indicating significant bullish action.
🔍 Key Levels to Watch:
1. Support Zone (0.3418 USDT): This level has held up well in the past 24 hours. If the price drops here, it could be a potential buying opportunity for those looking to enter at a lower level.
2. Resistance Target 1 (0.3713 USDT): This is the recent high and acts as the immediate resistance. A break above this level could lead GLM/USDT to new highs, especially if market sentiment remains positive.
3. Target 2 (0.3800 USDT): If momentum continues, the next major target is around 0.3800 USDT. A push past this level could bring a test of the 0.4000 zone.
💡 Trend Analysis: The recent upward trend suggests that GLM is in a bullish phase, but it's essential to keep an eye on volume and market depth for confirmation.
🔮 Trading Strategy:
For short-term traders, consider taking profits near the resistance targets while keeping an eye on volume for confirmation.
For long-term holders, if the price breaks through resistance levels, this could signal a solid entry point for the longer haul.
💬 Drop your thoughts below or share your predictions for GLM/USDT!
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