‘A joke in poor taste’: Tornado Cash T-shirt stirs controversy in court
Trial Overview: Roman Storm, co-founder of Tornado Cash, is facing charges including money laundering and conspiracy, with a controversial T-shirt he wore at a 2019 crypto event being highlighted in court as evidence of his alleged involvement in facilitating illegal activities.
Defense Arguments: Storm's legal team argues that the T-shirt was merely a joke and not indicative of criminal intent, while they also noted that he will not testify in his defense as the trial progresses towards closing statements.
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Technical Analysis for GLM
Technical Sentiment Analysis for Golem (GLM) As of , Golem (GLM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for GLM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, GLM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Golem (GLM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0917 | 0.127 | 0.164 | 0.2 | 0.237 | 0.273 | 0.31 |
| Fibonacci | 0.127 | 0.155 | 0.172 | 0.2 | 0.228 | 0.245 | 0.273 |
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