$GALA / USDT - price analysis:
Weekly breakout candle ✅
Strong uptrend daily 📈
Medium term view: 📈
I see a pump toward the upper resistances 0.500 & 0.5300$ or higher!
Short term view: ⚠️
Prices remain bullish, but Overbuy zone and double top possible on the [H1].🚨
Bearish pattern (wedge) 🚨
I would rather wait for another dips (lower consoldiation) to take a long position!
Weekly support that can be retested: 0.0370$ zone 🎯
Lower key supports:
0.03800 - 0.03680 - 0.03560 - 0.03400$
I don't like to FOMO & long at resistances as the market is highly volatile!
Possible setup in my H1 view🧞