Yes Fibonacci shows exactly this. 🚀 🚀 🚀

$GALA : Descending Triangle Breakdown Incoming?

$GALA A is forming a descending triangle pattern on the weekly timeframe,

a structure often signaling a potential breakout. Momentum appears to be building upward,

supported by consolidating prices and a tightening range.

Key Levels to Watch:

Breakout Resistance: $0.023

Targets Post-Breakout:

$0.063 – Moderate rally

$0.086 – Stronger momentum

$0.165 & $0.27 – Long-term targets with ~5x potential

Factors in Play:

1. Volume Spike: A breakout confirmation needs strong buying volume.

2. Market Sentiment: Crypto market trends could accelerate GALA's movement.

3. Key Support: If breakdown occurs, watch for support at $0.019.

Next Moves:

For Bulls: Wait for a clean breakout above $0.023 with strong volume.

Enter positions once confirmed and aim for the outlined targets.

For Bears: Monitor closely;

a failure to break resistance could lead to a retest of support near $0.019 or lower.

Pro Tip:

Set stop-losses to manage risk. For breakout entries,

place SL just below the triangle support (~$0.020).

The risk/reward setup is highly favorable if the breakout aligns with broader market strength. Patience is key!

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