$GLM
📊 Golem (GLM) Trading Signal – February 16, 2025 🚀
💰 Current Price: $0.380278
📈 24H High: $0.428173 | 📉 24H Low: $0.259948
📢 Trade Setup
✅ Entry Price: $0.385
❌ Stop-Loss (SL): $0.350
🎯 Take Profit (TP) Targets:
🎯 Target 1: $0.420
🎯 Target 2: $0.450
🎯 Target 3: $0.480
🔍 Support & Resistance Levels
🔹 Support Levels:
🟢 $0.298887 | 🟢 $0.285369 | 🟢 $0.274255
🔹 Resistance Levels:
🔴 $0.323519 | 🔴 $0.334633 | 🔴 $0.348152
📊 Technical Analysis
📡 Momentum: Bullish 📈 (77% positive indicators)
📍 RSI: 61.29 (Neutral to Bullish)
📊 50-Day SMA: $0.291285 | 200-Day SMA: $0.391254
🔥 Market Sentiment
😃 Bullish Outlook!
⚖️ Fear & Greed Index: 54 (Neutral)
Golem's price is currently above the first resistance level at $0.323519, indicating potential bullish momentum. Technical indicators, such as the 14-day Relative Strength Index (RSI) at 61.29, suggest a neutral to slightly bullish trend. The 50-day Simple Moving Average (SMA) is at $0.291285, and the 200-day SMA is at $0.391254, indicating that the current price is above the short-term average but slightly below the long-term average.
Market sentiment is currently bullish, with 77% of technical indicators signaling a positive trend. However, the Fear & Greed Index is at 54, indicating a neutral sentiment among investors.
🔔 Risk Warning: Crypto markets are highly volatile. DYOR before investing! 🚀💎