Price is expected to bounce off strong support, presenting potential buying opportunities in the green range, but caution is advised with stop loss and capital management.
The price is rebounding from a support level, stabilizing above the Moving Average 100, and showing signs of breaking higher with oversold resistance on the RSI indicator.
PERP is showing bullish signs with a potential double bottom formation and bullish divergence on the MACD, suggesting a potential breakout to higher highs.
Analysis suggests buying GALA on support levels in anticipation of a potential bullish breakout from a descending channel formation in the 12H timeframe.