The defended range
Blood glucose is the plasma concentration of glucose. In a healthy fasting adult it is held near 70-110 mg/dL, and after a meal it usually stays below about 140 mg/dL. Homeostasis means keeping the value inside that band despite large swings in intake and use.
Two failure directions
The brain and red blood cells consume glucose continuously and cannot substitute fat for it. When glucose falls too far, neuronal fuel runs short and consciousness is threatened. When glucose rises too far, the kidney can no longer reclaim all of it, glucose appears in urine, and osmotic water loss follows. The narrow band is the space between those two problems.
Intermittent supply, continuous demand
Meals deliver glucose in pulses, but tissues draw on it every minute. A storage-and-release system is therefore required, not just a sensor.