GAL/USDT Perfect bounce from the key level area. Back to upward?
Updated
💎 GAL has witnessed significant developments in the market. Currently, GAL has made a noteworthy bounce from the demand area, which previously acted as a supply zone.
💎 If the daily candle closes with a strong green candle like the one we've seen, there is a probability that the price will resume its upward movement and attempt to break through our target strong resistance area.
💎 However, if GAL fails to show a positive response and the demand area is breached, it could signal a bearish trend. In such a scenario, the price would likely continue to move downward with the next target being the demand area.
💎 The demand area is a critical zone that requires a bounce and a reclaiming of price above it to reverse the trend and resume an upward trajectory. Failure to do so could result in the price continuing its downward movement and potentially going even lower.
💎 If the daily candle closes with a strong green candle like the one we've seen, there is a probability that the price will resume its upward movement and attempt to break through our target strong resistance area.
💎 However, if GAL fails to show a positive response and the demand area is breached, it could signal a bearish trend. In such a scenario, the price would likely continue to move downward with the next target being the demand area.
💎 The demand area is a critical zone that requires a bounce and a reclaiming of price above it to reverse the trend and resume an upward trajectory. Failure to do so could result in the price continuing its downward movement and potentially going even lower.
Trade closed: target reached
#GAL's 92.31% rise? Called it!
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🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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