$GALA


🚀 GALA/USDT Technical Analysis: Is This the Time to Enter?

The price of GALA/USDT is currently 0.03929, and it’s showing some promising signs for traders. Let’s break down the key levels and strategy to help you make informed decisions.

🔑 Support Level: The first strong support lies around 0.03700. If the price drops to this point and bounces back, it could present a solid entry for long trades.
📈 Resistance Level: The major resistance sits at 0.04100. A successful break above this level could trigger significant bullish momentum, making it a crucial level to watch for potential breakout opportunities.

💡 Entry Strategy:

Long Trade: If 0.04100 is broken with strong volume, consider entering a long position as momentum could push the price even higher.

Short Trade: In case 0.03700 is breached, a short entry could be considered, especially if the price fails to recover above this level.

🔒 Risk Management: For long positions, place a stop-loss below 0.03700, and for shorts, position it just above 0.04100. Always protect your capital!

With GALA showing solid support and resistance levels, it’s shaping up to be a key coin for traders. Stay on top of the market and trade smart with Binance! 💼🚀

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$FIO

FIO/USDT | LONG ⬅️

Entry Point: Market (as shown)

Targets: 0.062 - 0.066 - 0.08

⛔️ S/L: None

Leverage: 10x
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Mr. Pips Arrested, Over 5 Trillion VND Seized in Fraud

Mr. Pips, whose real name is Phó Đức Nam, has been arrested for his involvement in a transnational fraud ring that appropriated assets through foreign exchange and stock trading platforms. The investigation agency conducted an emergency search and seized total assets worth over 5 trillion VND, including: 127 billion VND in cash, approximately 306 billion VND in savings books, 216 kg of gold, 128 real estate properties, 30 cars, and 9 billion VND in bonds along with many other valuable assets.

Phó Đức Nam and his accomplices, including Lê Khắc Ngọ, conspired since June 2019 to establish a fraud model, operating under the guise of securities brokerage companies and employing many sophisticated tricks. They lured customers into investing with attractive promises, but in reality, the victims quickly lost all their assets and continued to be defrauded through new platforms with commitments to compensate for previous losses. Authorities have charged 28 defendants with crimes such as appropriation of property through fraud, failure to report a crime, and money laundering.

To analyze the potential of STRK/USDT rising to $1

1. Technical analysis

a. Current trend:

• Current price: $0.7277, up +3.29% in the last 24 hours.
• Nearest resistance: $0.7486 (peak in the last 24 hours).
• Support: $0.7028 (MA(25)) and $0.6367 (most recent low).

b. Technical indicators:

• MA(7): Price is above the MA(7) line ($0.7196), indicating a positive short-term uptrend.
• MACD: Watch for MACD crossing above the signal line; if it has crossed, this is a strong buy signal.
• RSI:
• If RSI exceeds 70, it may signal overbought (price likely to correct).
• If RSI is between 50-70, momentum is steadily increasing.

c. Trading volume:

• Volume has increased compared to recent averages, confirming strong buying pressure.

2. Price Action analysis:

• Potential to reach $1: For STRK to rise to $1 (an increase of about 37.5% from the current price), it needs:
• Break resistance at $0.7486: This is a crucial milestone determining the uptrend.
• High trading volume: Must maintain large volume, especially at resistance levels.
• Strong support: Price must not break the support at $0.7028 and needs to stay above MA(25).

Scenarios:

• If the price breaks above $0.7486: It may rise to $0.80 and $1 if buying pressure is strong.
• If the price does not break resistance: It may correct to support at $0.7028 or lower.

3. Trading strategy

Buy scenario:

• Entry point:
• Buy around the $0.7200 - $0.7300 range (near MA(7)).
• Or wait for the price to break $0.7500 with high volume.
• Stop Loss:
• Set below $0.7000 (near support).
• Take Profit:
• Short-term: $0.80.
• Long-term: $1 (if market trend is strong).

#gala pump for December