Is GALUSDT About to Break Out or Fall Back?Yello, Paradisers! Are you ready for the next big move in #GALUSDT? Let’s dive in!
💎The price has rebounded from a strong support area, marked by a solid green candle with significant volume. Currently, the price is testing the resistance level at 2.39 but has faced rejection. For a bullish momentum to continue, #GAL must break through this resistance. If successful, the price is likely to move upward towards our target resistance area.
💎However, if GAL fails to break the resistance, the price may revisit the support zone between 1.85 and 1.62. This area is crucial, and GAL needs to bounce back from here to maintain its upward trajectory.
💎Should GAL break the strong support at 1.62, it would signal a bearish momentum, invalidating the bullish outlook. In this scenario, the price could continue its downward movement, potentially dipping 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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