📊 $GLM /USDT Market Overview & Trade Plan
🚀 Momentum Gaining (+11.36%)
🔹 Current Price: $0.3744
🔹 24h High: $0.3904
🔹 24h Low: $0.3212
🔹 24h Volume: 39.72M GLM / 14.34M USDT
📈 Support & Resistance Levels
✅ Support Zones:
🔹 $0.3650 - $0.3600 – Immediate support
🔹 $0.3400 - $0.3300 – Stronger support if correction occurs
🚀 Resistance Levels:
🔹 $0.3820 - $0.3900 – Immediate resistance
🔹 $0.4000+ – Key breakout level
📊 Technical Indicators to Watch
🔹 RSI: Near overbought, potential short-term consolidation
🔹 MACD: Bullish momentum still intact
🔹 Bollinger Bands: Price near upper band, suggesting a breakout or slight pullback
📍 Trading Strategy:
📌 Bullish Scenario: If GLM stays above $0.3650, potential long entry with a target of $0.3900 - $0.4000+
📌 Breakout Play: A strong close above $0.3900 could push GLM toward $0.4100 - $0.4200
📌 Bearish Risk: If price drops below $0.3600, next key support at $0.3400 - $0.3300
⚠️ Risk Management:
🔹 Stop-loss: Below $0.3600
🔹 Take profits: $0.3900 - $0.4000 - $0.4100
🔔 Final Thoughts:
GLM/USDT is showing strong bullish momentum (+11.36%), with $0.3900 as a key resistance level. A breakout above this level could lead to further gains, but a drop below $0.3600 may indicate a retracement.