$GALA Long Liquidation Update

A long position worth $6.28K was liquidated at $0.03506.

What’s Next?

After this liquidation, $GALA might experience volatility. Let’s look at key areas for possible trade setups:

Buy Zone:

$0.0325 - $0.0340

This is a strong demand zone. Wait for price action signals like bullish candles or increased volume.

Targets:

1. Short-Term Target: $0.0370

This is the first resistance level. Secure some profits here.

2. Mid-Term Target: $0.0395

A breakout above $0.0370 can lead to this next target.

3. Long-Term Target: $0.0420

If bullish momentum continues, this will be the major resistance to watch.

Stop Loss:

Place your stop-loss at $0.0318.

This is below the key support zone to minimize risks.

Key Tips:

1. Always monitor volume and Bitcoin's movement, as $GALA often follows the broader crypto market trend.

2. Use a 1-2% risk per trade rule to manage your portfolio.

3. Be patient and wait for confirmations before entering trades.

Remember: This is not financial advice. DYOR (Do Your Own Research) before making decisions.

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