GALA/USDT Could GALA bounce from here and Break the resistance ?
Updated
💎 GALA has recently witnessed noteworthy developments in the market. Currently positioned in the demand zone, a positive indication would be a daily close candle with a bullish rejection, signifying the potential for a price rebound and sustained momentum.
💎 The subsequent target lies in the resistance area, and for GALA to sustain its upward trajectory, breaking out of this level is crucial, probability facilitating an easy path towards our targeted strong resistance area.
💎 However, if GALA fails to exhibit a bullish candle rejection, there's a likelihood of retracement to the demand zone. It becomes imperative for GALA to maintain this area, as a breach would prompt a shift back to a bearish sentiment, leading GALA into a downward movement towards the robust support area.
💎 The subsequent target lies in the resistance area, and for GALA to sustain its upward trajectory, breaking out of this level is crucial, probability facilitating an easy path towards our targeted strong resistance area.
💎 However, if GALA fails to exhibit a bullish candle rejection, there's a likelihood of retracement to the demand zone. It becomes imperative for GALA to maintain this area, as a breach would prompt a shift back to a bearish sentiment, leading GALA into a downward movement towards the robust support area.
Trade closed: target reached
Nailed it again - #GALA is up 140.74%, right on cue!
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