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Summary
• Golem/Bitcoin (GLMBTC) climbed to 3.62e-06 on rising volume and momentum.
• A bullish engulfing pattern formed after 4:00 AM ET amid a 3.5e-06 support test.
• Turnover surged 236% near the session high, indicating strong buying interest.
• RSI hit 68, signaling potential overbought conditions with limited near-term upside.
• Volatility expanded as price moved beyond upper Bollinger Bands after 2:00 AM ET.
Golem/Bitcoin (GLMBTC) opened at 3.29e-06 on 2026-01-12 12:00 ET, surged to 3.72e-06, and closed at 3.66e-06 at 12:00 ET the next day. Total volume was 2.37 million contracts, and notional turnover reached $0.987 million.

The market appears poised to test 3.72e-06 resistance again, possibly supported by continued buying momentum. Investors should watch for a pullback to the 3.55e-06–3.59e-06 range, where Fibonacci and moving averages align. A failure to hold above 3.5e-06 could trigger a retracement. As always, volatility remains high, and positions should be managed with caution.
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