Yello! Are you prepared for what's coming next for #GALUSDT? Let's dive into the latest analysis to see where this is heading and how you can stay ahead.
💎 GALUSDT needs to reclaim the price above the resistance at $3.10 to reverse back to an upward movement. Currently, GAL is in a retesting phase at the resistance, which suggests a continuation of the downward movement towards the support zone between $2.70 and $2.48.
💎 If the price fails to break through the resistance, it is likely that this support zone will be revisited. The last time GAL visited this area, it saw a strong bullish rejection, indicating significant buying pressure in the support zone.
💎 If GAL successfully rebounds from the support zone, a probability reversal back to the upside is on the horizon. However, this requires a critical confirmation: breaking the resistance area at $3.10. This break would ease the path through the descending resistance and lead to our target at a stronger resistance area.
💎 Conversely, if GAL fails to bounce at the support zone and breaks down further, this could probability confirm bearish momentum and invalidate bullish scenarios. In such a case, the price might dip even further.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
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