GALA/USDT Breaks Descending Channel : Bullish Momentum Ahead
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GALA/USDT has broken out of its descending channel on the 1-hour chart, signaling a potential continuation of the upward trend. The price is stabilizing above the 100-period moving average, with the RSI indicating further bullish momentum.
Key Levels:
- **Entry Price :** 0.01950
- **Support Area :** 0.01860
- **First Target :** 0.02125
- **Second Target :** 0.02323
- **Third Target :** 0.02500
Conclusion:
The break above the descending channel and support from the RSI suggest a strong upward potential for GALA/USDT. Traders could consider entering at **0.01950** with the outlined targets, while monitoring support at **0.01860** for risk management.