Golem ($GLM ) is showing modest upward momentum in the observed 1-hour chart on Binance, trading at 0.2582 USDT (Rs 73.15), up 4.70% in the last 24 hours. The price has fluctuated between 0.2436 USDT and 0.2600 USDT during this period, suggesting a relatively tight trading range. With a 24-hour trading volume of 10.83M GLM and 2.74M USDT, liquidity appears healthy, allowing for smooth transactions without major slippage.
Technical indicators on the chart, including MA(7) at 0.2552, MA(25) at 0.2536, and MA(99) at 0.2601, show that the current price is slightly above the short- and medium-term averages but still just under the longer-term MA(99), hinting at mild bullish pressure with a potential resistance point near the longer-term average. The candlestick patterns reveal steady upward price movement, supported by noticeable trading volume spikes during buying activity. If the price manages to sustain above the MA(99), it could pave the way for further gains, but a failure to break past this resistance might see a short-term pullback.