$GLM
/USDT Technical Analysis & Trade Signal๐ฅ๐๐๐ฏ
Current Price: $0.4063 (+6.78%)
Trend: Bullish Momentum (Short-Term)
Key Technical Indicators:
Support Level: $0.3654 (24h Low)
Resistance Level: $0.4145 (24h High)
RSI: Moderate, indicating upward momentum but approaching overbought territory (keep an eye on potential reversal).
MACD: Showing positive momentum, signaling possible continuation of the uptrend.
Trade Signal:
Buy Entry: $0.4060 - $0.4100 (On pullbacks towards support zones)
First Target (T1): $0.4200 (Near resistance zone)
Second Target (T2): $0.4350 (If momentum holds)
Third Target (T3): $0.4500 (Major resistance level, further bullish confirmation needed)
Trade Momentum: The market is showing bullish momentum, but caution is advised near resistance levels as the asset could encounter selling pressure. Watch for volume spikes and RSI divergence.
Stop Loss: $0.3800 (Below the support range to minimize risk)