GLM has been on fire today, and I have to admit: anyone else feeling a little FOMO? The token shot up 18.69% in the last 24 hours and is currently trading around $0.5600, after hitting an impressive high of $0.6718 earlier. Even though it’s pulled back a bit, there’s still a lot of buzz around it, and I can’t help but keep refreshing the charts.
Everything about it screams momentum. The Parabolic SAR shows the uptrend is still intact, and the MACD confirms there’s strong buying pressure. The volume is massive, sitting at $162.71M, which just adds to the excitement. But then there’s the Stoch RSI, deep in the overbought zone at 98.92. It’s got me wondering… is this the peak, or could GLM have another leg up its sleeve?
Right now, the key level to watch seems to be $0.5373. If it holds, there’s a good chance we’ll see another attempt to break $0.6000, which is maybe even a run back to the recent high of $0.6718. But if it doesn’t, a dip toward $0.5000 could be in the cards. Either way, GLM is keeping things interesting.
So, am I the only one watching this and wondering if we’re in for something bigger? With all the hype around the Golem Network right now, it feels like there’s potential for more. Or maybe I’m just getting caught up in the excitement. What do you think—is GLM just warming up, or is this a good time to take a step back and wait?