LUNAUSDT’s immediate price action is impulsive and is trading at a key level trade location that has confluence with the .618 Fibonacci and Order Block, allowing for a short bias.
The Daily S/R is the current objective, exceeding this level will lead to a trend continuation.
The volume is on a steady increase, this needs to continue for an impulse break from resistance.
Overall, in my opinion, GALAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
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