🚀 $GALA /USDT: POTENTIAL REVERSAL OR MORE DOWNSIDE? ⚠️
The $GALA /USDT pair is trading at 0.04187, showing signs of struggling near support levels. While the market has been bearish recently, there’s a possibility of a reversal if buyers step in at key levels.
📊 Trade Scenarios:
Entry Point: 0.04187
Take Profit (TP) 1: 0.04300
Take Profit (TP) 2: 0.04450
Take Profit (TP 3): 0.04600
Stop Loss (SL): 0.04050
If the price holds above 0.04150, we could see a bounce towards the first resistance at 0.04300. However, a breakdown below 0.04050 may trigger further bearish movement.
📉 Market Outlook:
The sentiment around GALA remains weak, with sellers dominating. Traders should look for any uptick in volume and momentum that could signal a short-term recovery. Keep stops tight to minimize risks in case of further downside.
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