GALA/USDT Breaks Out – Targets New Highs
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GALA (GALA/USDT) has broken out of the descending channel on the 1-hour timeframe, signaling bullish momentum. The price is now stabilizing above the 100-moving average, a strong indicator of further upward movement. Additionally, the RSI is showing an upward trend, confirming the potential for continued growth.
Key levels to watch :
- Support : $0.01860
- Entry price : $0.01950
- Target 1 : $0.02125
- Target 2 : $0.02323
- Target 3 : $0.02500
This setup suggests that GALA is well-positioned for a significant move to the upside.
Conclusion :
With GALA breaking out of its descending channel and stabilizing above key technical indicators, the cryptocurrency could be on the verge of a strong rally. If the upward trend continues, GALA may hit its first target of **$0.02125**, with further potential for **$0.02500** in the coming days.
Advice :
Traders should consider entering at **$0.01950**, keeping an eye on support at **$0.01860**. The breakout and RSI trend support bullish momentum, but risk management through stop-loss orders is crucial to protect against unexpected market reversals.