🟔 $GLM / USDT – 15m Technical Analysis

GLM is trading around 0.2027, showing healthy consolidation after a short-term rally.

EMA Structure

EMA(7): 0.2035

EMA(25): 0.2023

EMA(99): 0.2009

āž”ļø Price is above EMA 99 and EMA 25, while hovering just below EMA 7 — this suggests bullish structure with minor pullback.

Key Levels

Immediate Support: 0.2010 – 0.2005

Major Support: 0.1980 – 0.1965

Resistance: 0.2050 – 0.2070

Major Resistance: 0.2100

Price Action Insight GLM pushed to 0.2071 (24h high) and then pulled back in a controlled manner. The long lower wick near EMA 99 shows buyers stepping in on dips, keeping the trend intact.

Scenarios

Bullish continuation: Hold above 0.2005 → retest 0.205 – 0.207

Breakout move: Clean break above 0.207 → extension toward 0.210+

Bearish risk: Lose 0.198 → structure weakens

Trade Idea (Short-Term)

Buy zone: 0.2005 – 0.2020

TP1: 0.2050

TP2: 0.2100

SL: 0.1975

šŸ“Œ Bias: Bullish above 0.200

Trend remains positive as long as price holds above EMA 99. Patience for confirmation near support is key.