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⚙️ $GLM /USDT – Technical Analysis (Daily Timeframe) Curre

Monnie Brunt OkvK

Updated at: 4 hours ago

{"content":"⚙️ $GLM /USDT – Technical Analysis (Daily Timeframe) Current Price: $0.3276 Daily Change: +20.18% 🚀 Status: Bullish breakout confirmed after extended consolidation. 🧪 Moving Averages MA 7: $0.2810 ✅ MA 25: $0.2613 ✅ MA 99: $0.2545 ✅ GLM price has clearly broken above all major MAs with volume strength — confirming bullish control. MAs are all pointing upward now, a very strong technical signal. 📈 Price Structure & Trend Breakout from sideways consolidation range between $0.20–$0.30 that lasted months. The current surge is pushing toward former resistance zones from March–April 2024. This is a bullish continuation structure and potentially the start of a trend reversal from accumulation to markup. 🎯 Target Levels (Upside Potential) Target 1: $0.38 — short-term resistance (April highs) Target 2: $0.48 — February high area Target 3: $0.70 — psychological + historical resistance 🛡️ Support Levels (Downside Risk) Support 1: $0.30 — recent breakout level Support 2: $0.26 — 25-day MA Support 3: $0.21 — base of accumulation range 🔍 Summary GLM is waking up after a long period of sleep, and this +20% candle could be the ignition point for much higher levels. The breakout above $0.30 is particularly important — if the price holds this zone, momentum traders may join in aggressively. Volume confirmation and daily candle closes above $0.35 would increase the odds of a rally toward the $0.48–$0.70 range. 🧠 Final Thought: GLM might have just entered the “early stage of a macro trend shift”. If this move gets follow-through and Bitcoin stays stable, this thing could fly. Watch closely for pullback entries, especially around $0.30. #Write2Earn ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/27/31fde7661ca1ba48499a46897db297e1.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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