GALA / TetherUSShort
GALAUSDT: Short Opportunity as Downtrend Confirmed
Greetings, Traders,
GALAUSDT has officially entered a downtrend, presenting a solid opportunity for short positions.
I recommend entering a short trade below the $0.03150 price zone.
A stop-loss order placed above $0.03250 could be considered to manage potential risk
Following the breakdown below the key support level, as seen in the daily chart, a short position is favored.
This is not financial advice. Please do your research before making any trading decisions.
Exercise proper risk management and set a stop-loss order according to your risk tolerance.
Profitable trades to all!
GALAUSDT has officially entered a downtrend, presenting a solid opportunity for short positions.
I recommend entering a short trade below the $0.03150 price zone.
- Target 1: $0.03020
- Target 2: $0.02910
A stop-loss order placed above $0.03250 could be considered to manage potential risk
Following the breakdown below the key support level, as seen in the daily chart, a short position is favored.
This is not financial advice. Please do your research before making any trading decisions.
Exercise proper risk management and set a stop-loss order according to your risk tolerance.
Profitable trades to all!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.