$GLM Entry Zone: 0.2980 – 0.3060
Targets:
TP1: 0.3250
TP2: 0.3420
TP3: 0.3680
Stop-Loss: 0.2840
$GLM has been grinding higher, showing a classic "staircase" recovery. After a brief period of indecision, the bulls have successfully flipped previous resistance into a launchpad. We are seeing a healthy consolidation right at the local highs, suggesting the next leg up is being fueled.
Analysis: The "Giddy-Up" Factor
The GLM chart is currently screaming "buy the dip" for anyone who missed the initial move. We aren't looking at a random spike; this is a structured trend.
The price is currently dancing right above the MA(7) and MA(25), using them like a trampoline. Every time the bears try to push it down, "wick city" happens—long lower shadows showing that buyers are lurking in the shadows, scooping up every cheap coin. We are seeing expansion after consolidation, which is the bread and butter of a sustainable rally. No "pump and dump" vibes here—just pure, calculated accumulation.
Outlook: To the Moon or the Sidelines?
As long as the bulls protect the 0.2850 floor (the recent swing low), the "Up Only" dream stays alive.
The Bull Case: If we get a 1-hour candle close above 0.3110, expect a fast "short squeeze" towards our first two targets.
The Bear Case: If we lose the 0.2840 level, the party is officially over, and the structure breaks.
Pro Tip: Watch the volume. If those green bars start growing taller while we approach 0.3100, buckle up—it’s going to be a fast ride.
#GLM #BinanceAlphaAlert $GLM