$GALA $GALA

$GALA /USDT Short Analysis

Key Data Overview

Current Price: 0.01814 USDT

24h High: 0.01831 USDT

24h Low: 0.01699 USDT

Moving Averages:

MA(7): 0.01785 (immediate support)

MA(25): 0.01843 (immediate resistance)

MA(99): 0.02088 (major resistance)

Support and Resistance Levels

Immediate Resistance: 0.0184 - 0.0185 (near MA(25) and recent highs)

Major Resistance: 0.0208 - 0.0210 (around MA(99))

Key Support Zone: 0.0170 - 0.0171 (24h low, significant support)

Short Trading Strategy

Short Entry: 0.0184 - 0.0185 (close to immediate resistance)

Targets:

Target 1: 0.0175 (near MA(7), initial support level)

Target 2: 0.0170 (recent low, stronger support level)

Stop-Loss: 0.0186 (just above immediate resistance to limit risk)

This short strategy aims to capitalize on a reversal from the resistance zone at 0.0184-0.0185, with targets down to recent support levels if resistance holds.

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