$GLM : OCTANT REPORT IS OUT! THE CUP IS STEERING THE KIT!
While the retail crowd was waiting for the next part of the sideways move, major fundamental news hit Golem (
$GLM ), completely changing the picture on the chart! 💥
🔥 FUNDAMENTAL ENGINE:
Octant summed up the latest era, and the numbers speak for themselves:
Over $1,300,000 in ETH distributed among holders!
85.5 MILLION
$GLM locked!
A huge volume of tokens has been REMOVED from circulation and locked in smart contracts. A real liquidity deficit is forming in the exchange market! 🚀
📊 WHAT’S HAPPENING ON THE CHART:
The market maker’s algorithmic plates are starting to crack under the pressure of volume:
Impulse from the bottom: The chart easily broke through local resistance and has held above key EMAs.
Main magnet: Right now the price is aiming to test the daily EMA(200) in the $0.129–$0.130 area.
Empty order book: Above $0.130, the density of sell orders is minimal—supply was swept up more than 8 months’ worth of accumulation.
The spring is straightening in front of our eyes. If you managed to get in during the accumulation phase—we’re watching the impulse develop! What levels are you expecting for the first stop—$0.15 or straight to $0.20? 🚀👇
#GLM #DePIN #Octant #Crypto
#BinanceSquare #altcoins❗️