💎 The recent market dynamics surrounding #GALA have indeed been quite notable. Currently, the price is bouncing from the demand area, which is a positive indication.
💎 This bounce suggests potential upward momentum, with the price likely to test the resistance area next. If there is a successful breakout above the resistance, it could pave the way for further upward movement, potentially leading to a backtest of the strong resistance area.
💎 However, if GALA fails to bounce from the demand area and instead breaks down below it, this could signal a bearish scenario. Such a move could lead to continued downward momentum, with the next significant support level likely found at the support area.
💎 GALA must maintain support and reclaim the area above the demand to validate the bullish scenario. Failure to do so, especially if the support area is also breached, could confirm a bearish trend, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
💎 This bounce suggests potential upward momentum, with the price likely to test the resistance area next. If there is a successful breakout above the resistance, it could pave the way for further upward movement, potentially leading to a backtest of the strong resistance area.
💎 However, if GALA fails to bounce from the demand area and instead breaks down below it, this could signal a bearish scenario. Such a move could lead to continued downward momentum, with the next significant support level likely found at the support area.
💎 GALA must maintain support and reclaim the area above the demand to validate the bullish scenario. Failure to do so, especially if the support area is also breached, could confirm a bearish trend, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
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Do you Want to start trading like a PRO?
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Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.