GALA Short Position : Key Levels and Profit Targets 📉

#GALA #GALAUSTD #galatrend #BinanceSquareFamily #BinanceEverywhere

A potential short opportunity has emerged for **GALA/USDT**. After reaching the 4-hour supply zone and showing a bearish engulfing pattern, a short position was opened based on a **FO from a CP** pattern.

Trade Details :
Entry : 0.02160

- Take Profit 1 (TP1) :** 0.02044
- Take Profit 2 (TP2) :** 0.01810
- Stop-Loss (SL) :** 0.02252
- Risk/Reward (R/R) :** 3.8

Conclusion :
This trade strategy anticipates a pullback from the current level, with the potential for profits at two defined targets. The risk/reward ratio of **3.8** suggests a well-balanced setup for this short position.

Advice for Investors/Traders :
Keep a close eye on GALA's movement, especially at key support levels. Ensure to stick to the stop-loss at **0.02252** to manage risk effectively if the trade turns unfavorable.

siguiendo la lógica del análisis técnico, vemos como se ha formado un doble suelo , lo que nos podría informar del inicio y confirmación de una tendencia hacia los 0.08 y su posible ruptura a largo plazo.
Todo esto es una opinión , espero que no les lleve a una confusión y se puedan lucrar de ella #GALAUSTD .

Almost a month when I started to right on Square......

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0.1 soon

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long

entry 0.032 0.033

target 0.1 + possible soon

$GALA

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