Post
I'm britt
I'm britt
🚀 $GLM Is Slowly Transitioning From Compression Into Bullish Expansion GLM spent most of the session trapped inside a tight sideways structure while volatility remained extremely muted. But that changed once buyers defended the 0.1375 support area and started reclaiming momentum step by step. 📈 The breakout wasn’t random. Price pushed above short-term moving averages, volume increased during the expansion phase, and bulls continued printing higher lows throughout the recovery. That combination usually signals strengthening trend continuation rather than a temporary spike. Now GLM is testing the upper intraday range near 0.1425, while still holding above the reclaimed MA structure. Current Structure 🔹 Clean rebound from 0.1375 support 🔹 Higher-low pattern remains intact 🔹 MA alignment turning bullish 🔹 Price pressing against local resistance Key Levels • Support: 0.1410 – 0.1398 • Resistance: 0.1425 • Breakout continuation zone: 0.1440+ As long as buyers maintain control above the reclaimed support region, GLM still favors continuation pressure with momentum gradually building underneath resistance. ⚡ #FOMCNight:BTCBullsLoad #StrategyMaySellBTC #USIranMOUTalks

Disclaimer: OKX TR Orbit content is provided for informational purposes only. Learn more

Replies

No comments yet. Be the first to reply!