Technical Analysis: GLMR/USDT
Current Price: $0.1591 (+5.36%)
GLMR has been experiencing a bullish trend recently, making it an interesting asset to watch. Below is a technical analysis with three potential target levels.
Key Levels to Watch:
1. Target 1: $0.1650
This level acts as an immediate resistance point. A breakout here could signal further bullish momentum, potentially leading to additional gains.
2. Target 2: $0.1750
If GLMR manages to maintain upward momentum after breaching $0.1650, this level could serve as the next significant resistance. It aligns with previous price action, making it a key target for traders.
3. Target 3: $0.1850
The final target in this analysis, at $0.1850, represents a more aggressive bullish scenario. This level coincides with historical resistance and could attract profit-taking from bullish traders.
Support Levels:
Immediate Support: $0.1583 (SAR indicator)
Strong Support: $0.1478 (24h low)
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