GALA / TetherUSUpdated GALA/USDT Could GALA continue the upward movement ???
💎 GALA has been a focal point in the market, currently navigating a retesting phase. Notably, GALA has demonstrated a strong bounce from what was previously a key resistance level, now acting as support. This positive response indicates that if the retesting phase is indeed valid, GALA could potentially resume its upward trajectory, aiming for a significant resistance area.
💎 However, should GALA fail to maintain its rebound from the support level and instead break below the demand area, it could signal a shift in its market direction. The next critical level to watch would be the lower demand area.
💎 In this demand zone, a robust recovery is crucial for GALA. For a continuation of its upward journey, GALA needs to demonstrate a strong bounce and attempt to reclaim the resistance area. Failure to show a positive response in this zone and a further breakdown could indicate a shift back to a bearish trend for GALA. This development might lead to a descent towards a more substantial support area.
💎 However, should GALA fail to maintain its rebound from the support level and instead break below the demand area, it could signal a shift in its market direction. The next critical level to watch would be the lower demand area.
💎 In this demand zone, a robust recovery is crucial for GALA. For a continuation of its upward journey, GALA needs to demonstrate a strong bounce and attempt to reclaim the resistance area. Failure to show a positive response in this zone and a further breakdown could indicate a shift back to a bearish trend for GALA. This development might lead to a descent towards a more substantial support area.
Trade closed: target reached
Spot on again! #GALA has climbed 26.23%!
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Disclaimer
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