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$GLM /USDT — Set up a go long trade to continue the upward trend 🚀
→ Current price: $0.2429
→ 24h high: $0.2485 | 24h low: $0.2127
→ 24h volatility: +13.35%
💸 Buy Zone (Entry Zone): $0.240 – $0.243
🎯 Profit target:
• Target 1: $0.248
• Target 2: $0.255
• Target 3: $0.262
🛑 Cut loss (Stop-Loss): $0.233
📈 Detailed analysis:
$GLM is maintaining a strong upward momentum after breaking out of the important resistance zone around $0.23. The price structure on the 1H timeframe shows a clear bullish pattern with higher lows, combined with steadily increasing trading volume, indicating that buying pressure is prevailing.
If the closing price stabilizes above $0.245, the bullish trend could be reinforced and extended to the $0.26 range in the short term. Technical pullbacks around $0.24 can be seen as opportunities for re-accumulation or re-entry with low risk.
Overall, the trend still leans towards the buyers — one should only manage risk closely and monitor price reactions around the $0.245 area to confirm the continuation of momentum.