$GLM /USDT: Long Signal - Spot and Futures
$GLM /USDT has rebounded from support near $0.42 and shows potential for further upward movement toward key resistance levels.
Spot Trading Signal
• Entry Zone: $0.44 - $0.445
• Targets:
• $0.45
• $0.46
• $0.48
• Stop Loss: $0.43
Futures Trading Signal
• Entry Zone: $0.44 - $0.445
• Targets:
• $0.45
• $0.46
• $0.48
• Stop Loss: $0.43
• Leverage: 5x (Moderate Risk)
Market Analysis
• Support: $0.42 - $0.43 – Acting as a strong base.
• Resistance: $0.45 - $0.46 – Breakout above this level could drive momentum to $0.48.
• Volume: Buying pressure has increased, indicating renewed interest.
• Trend: Bullish setup forming after recovery from lower range.
Insights
• RSI: Moving upwards, signaling bullish momentum.
• Risk Management: Maintain stop loss to secure capital.
$GLM/USDT is approaching resistance. Watch for volume confirmation for a breakout.