$GLM /USDT: Consolidation in a Tight Range, Testing Key Levels 🚨💯

The $GLM /USDT pair is trading at $0.3810, reflecting a slight decline of 1.35% over the last 24 hours. It recorded a 24h high of $0.3895 and a 24h low of $0.3627, with trading volumes at 10.80M GLM and $4.08M USDT.

📊 Technical Overview:

Support Levels: $0.3700, $0.3600

Resistance Levels: $0.3900, $0.4100

Market Sentiment: Neutral, with potential for breakout upon testing resistance at $0.3900.

⚡ Suggested Trade Plan:

Entry Zone: $0.3700–$0.3800

Take Profit (TP):

TP1: $0.4000

TP2: $0.4200

Stop Loss (SL): $0.3600

🔍 Analysis:

On the 4-hour chart, GLM shows signs of consolidating within a tight range, hovering close to its immediate support at $0.3700. A breakout above $0.3900 could ignite momentum toward $0.4000–$0.4200. However, a failure to sustain above $0.3700 may lead to further downside pressure.

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