💥 $GLM /USDT – Tight Coil, Ready to Pop! 💥
Current Price: $0.2356 (+3.65%)
$GLM is coiling just below the key $0.2360 resistance after a solid bullish impulse. Bulls are holding strong with minimal pullbacks, suggesting strength and potential breakout pressure. Volume remains consistent as price presses the upper range.
📊 Trade Setup:
• Entry Zone: $0.2345 – $0.2360
• 🎯 Target 1 (TP1): $0.2400
• 🎯 Target 2 (TP2): $0.2460
• ❌ Stop Loss (SL): $0.2295
⚡ Technical View:
Price is compressing near resistance with bullish structure and solid momentum. A breakout candle above $0.2365 could trigger rapid upside movement.
🛡 Risk Note:
SL break below $0.2295 invalidates the current bullish coil — stay disciplined.
🔄 Strategy Breakdown:
This is a classic range-break play after a momentum burst. We're looking for a clean break above consolidation to ride the next leg up.
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