$GALA /USDT BULLISH BREAKOUT:
moving to its targets 💥🚨
take entry as soon as possible!
Key Levels:
- Current Price: $0.04255
- Resistance Levels: $0.04874, $0.05000
- Support Levels: $0.03885, $0.03671
Trade Setup:
- Long Entry: $0.04255
- Take Profit (TP): $0.04874, $0.05000
- Stop Loss (SL): $0.03885
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: Adjust according to your risk tolerance, ideally risking no more than 1-2% of your trading capital.
Summary:
We are looking for a long trade on $GALA/USDT due to a bullish breakout above the key resistance level of $0.04255. The price has shown strong upward momentum, and the next targets are set at $0.04874 and $0.05000. A stop loss is placed at $0.03885 to manage risk effectively. This setup offers a favorable risk/reward ratio, making it an attractive opportunity for traders.