← Back to Home

📊 Analysis: GLMRUSDT (1d)

Price: 0.0612 | EMA7: 0.06 | EMA25: 0.07 | RSI14: 37.21 | Resistance: 0.1114 | Support: 0.0535 | Average Volume: 14619163.04 | Volume Trend: Decreasing

🤖 AI Insight

**Technical Analysis of GLMRUSDT (1D)**

**Current Price:** 0.0612

**Trend Indicators:**

* EMA7: 0.0635 (short-term trend)
* EMA25: 0.0691 (medium-term trend)

The price is below both EMAs, indicating a **bearish trend**.

**Momentum Indicators:**

* RSI14: 37.21 (below 50, indicating bearish momentum)
* MACD: -0.0045 (negative, indicating bearish momentum)

**Support and Resistance:**

* Support: 0.0535
* Resistance: 0.1114

**Volume:**

* Average Volume: 14,619,163
* Volume Trend: Decreasing

**Advice:**

* **Short Entry:** Consider shorting around 0.0635 (EMA7) with a stop loss above 0.0691 (EMA25). Target support at 0.0535.
* **Long Entry:** Consider buying around 0.0550 (close to support) with a stop loss below 0.0535. Target resistance at 0.0691 (EMA25).
* **Spot Buy Price:** Accumulate positions around 0.0550-0.0580 for a long-term hold.

Keep in mind that technical analysis is subject to market fluctuations, and it's essential to monitor the market closely and adjust your strategy accordingly.