🔥 $GALA LA Descending Triangle Retest – Bullish Reversal in Play? 🔥
📊 Chart Insight: Gala ($GALA) has successfully retested the broken descending triangle on the 3-day timeframe.
The previous resistance at $0.033 has now turned into a critical support level. If this support holds,
a major bullish rally could be on the horizon.
Key Levels to Watch:
Support Zone: $0.033 (must hold to confirm bullish momentum).
Immediate Resistance: $0.050
Breakout Targets:
Short-Term: $0.065
Mid-Term: $0.150
Trader’s Insight:
Bullish Case: Holding above $0.033 signals strong accumulation.
A bounce here could drive a rally toward $0.065 and beyond.
Bearish Risk: Losing $0.033 could trigger further downside to $0.025 or lower.
Suggested Next Move:
Entry Strategy: Accumulate near $0.033 support with tight stops below $0.030. Add on a confirmed breakout above $0.050.
Stop-Loss: Place stops at $0.030 to minimize risk.
Profit Targets: Take partial profits at $0.065 and $0.150.
This is a potential reversal setup—monitor the $0.033 level closely as it holds the key to GALA’s next big move!
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