๐$GLM GLM/USDT: Resilient at $0.3724 - Is a Breakout Near? ๐
Golem ($GLM) is showing a +1.06% gain, stabilizing at $0.3724, with a strong recovery from its recent low of $0.3566. The infrastructure token is making waves as it consolidates after a sharp move.
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Market Overview
24H High: $0.4230
24H Low: $0.3566
24H Volume (GLM): 43.07M
24H Volume (USDT): 16.88M
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Key Insights
๐ Support Zone: $0.3600 - $0.3650 shows strong buyer interest, preventing further declines.
๐ Resistance Zone: $0.4000 remains the key level to break for bullish momentum.
๐ Indicators:
MACD: Bearish divergence indicates consolidation.
DIF: Positive, suggesting accumulation at current levels.
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Potential Trade Levels
๐ Entry Zone: $0.3700 - $0.3750
๐ฏ Targets:
Short-Term: $0.3900
Mid-Term: $0.4100
Long-Term: $0.4500
๐ Stop Loss: $0.3550
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Strategic Outlook
๐ก Golem's unique position in the decentralized computing market keeps it in the spotlight. The recent recovery indicates resilience, while its utility-driven approach could lead to stronger price action with market support.
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Whatโs your GLM target? Share your thoughts!
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