🧠 $GLM (Golem) Reawakens — AI Compute Token Eyes Breakout
Current Price: $0.2608
Daily Change: +4.11%
MA 20: $0.2297
MA 50: $0.2340
MA 200: $0.2851 (still acting as dynamic resistance)
🎯 Targets:
🎯 Target 1: $0.285
Just under the 200-day MA
Break above this could trigger broader momentum
🎯 Target 2: $0.35 – $0.38
Consolidation resistance from March–April
Key level for validation of a mid-term trend reversal
🎯 Target 3: $0.52 – $0.60
Major breakout zone from November–December 2024
If volume and AI narratives align, this zone becomes realistic
🔍 Technical Read:
Golden cross forming between MA 20 and MA 50
Strong bullish candle with increasing volume
Still below 200 MA — breakout confirmation needed
🧠 Golem is a sleeping OG in the AI space. If the AI token narrative heats up again, this chart could come alive fast. Break and hold above the $0.285 level is the true ignition point.
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