GLMR/USDT Technical Analysis & Trade Signal
Current Price: $0.2553
Price Movement: +12.62% (24h)
Key Levels:
Support: $0.2238 (24h Low)
Resistance: $0.2621 (24h High)
SAR (Stop and Reverse): 0.2619
Momentum:
Bullish Momentum: The price is showing an uptrend, with a 12.62% increase in the last 24 hours. The SAR and current price suggest continuation towards the resistance level.
Volume: Strong trading volume of 12.78 million GLMR, indicating high market interest.
Trade Signal:
Buy Signal: Price above $0.2553 (current level) with momentum confirmation. If the price breaks above $0.2621, it signals further bullish movement.
Target Levels 🎯:
1. Target 1: $0.2621 – First resistance level (24h high).
2. Target 2: $0.2700 – Potential resistance zone based on momentum.
3. Target 3: $0.2800 – Extended target if bullish trend continues.
Stop Loss (for safety): $0.2422 (Binance price support zone)
This analysis suggests a bullish outlook with momentum confirming upward movement.
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