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🚀 $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
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