Technical Analysis: GLMR/USDT
Current Price: $0.1566
24h High: $0.1805
24h Low: $0.1478
GLMR has shown positive momentum recently, gaining 3.98% in the past 24 hours. Here’s a technical analysis highlighting three potential targets for traders.
Key Levels to Watch:
1. Target 1: $0.1627
Rationale: This level acted as a resistance point previously. A breakout above this could indicate continued bullish momentum.
2. Target 2: $0.1716
Rationale: This target aligns with the average price observed over the past trading sessions. If GLMR maintains upward pressure, this could be the next significant resistance.
3. Target 3: $0.1805
Rationale: This is the current 24-hour high. A successful breach of this level could attract more buyers, signaling potential for further gains.
Support Level:
$0.1478: Watch this level closely; if GLMR drops below, it could indicate a reversal or correction.
Volume Insights:
The 24-hour volume of 97.73M GLMR suggests strong trading interest, which supports the bullish outlook.
#NeiroOnBinance #LowestCPI2021 #BinanceBlockchainWeek #CryptoMarketMoves #TelegramCEO