Technical Analysis & Trade Signal for $GLM

/USDT:

Current Price: $0.3648

Trend: Bullish (Price up +1.45%)

Key Indicators:

Support Level: $0.3380

Resistance Level: $0.3707 (24h high)

Momentum:

The market is experiencing upward momentum, with increasing price action. The recent 1.45% rise supports a continuation of the bullish trend.

Target Levels 🎯:

1. Target 1: $0.3724 (Previous resistance, potential breakout point)

2. Target 2: $0.3800 (Psychological level, next key resistance)

3. Target 3: $0.3900 (Possible high for a more sustained rally)

Trade Signal:

Buy Signal: Buy on a pullback to around $0.3600 or breakout above $0.3707.

Stop-loss: Set below the support level at $0.3380.

Trade Type: Short-term bullish continuation.

Recommendation: Enter the trade if the price confirms further upward movement above $0.3707. Monitor closely for breakouts and keep an eye on broader market sentiment.

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