$GLMR /USDT BULLISH BREAKOUT:
The GLMR/USDT pair is showing strong bullish momentum after consolidating near key support levels. The price is currently above the MA(25) and MA(99), indicating a medium to long-term uptrend. Short-term MA(7) is slightly above the current price, signaling minor consolidation before continuation. MACD is nearly neutral but set to cross bullish if momentum continues.
Trade Setup:
- Long Entry: 0.0360 – 0.0365
- Take Profit (TP): 0.0394 / 0.0421 / 0.0429
- Stop Loss (SL): 0.0340
Analysis:
- Price breaking above MA(25) and MA(99) suggests further upside.
- Watch for resistance at 0.0421 – a breakout above may fuel strong bullish continuation.
- Risk/reward ratio remains favorable if SL is respected.
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