$GALA Liquidated Long: $58.9K at $0.0416

The recent liquidation of a $58.9K long position at $0.0416 suggests a bearish sentiment.

Let’s analyze $GALA 's potential movement and provide key levels for your next trade.

$GALA Price Analysis

Current Price: Monitor the live price around $0.0416 for fluctuations.

Market Sentiment: Bearish after liquidation, but watch for recovery attempts.

Key Levels

1. Buy Zone:

$0.0385 to $0.0400

Accumulate here if the price stabilizes.

2. Target Levels:

Short-Term Target 1: $0.0430

Short-Term Target 2: $0.0450

Mid-Term Target: $0.0485

3. Stop Loss:

Set at $0.0378 to minimize risks.

Strategy

1. Wait for a clear bounce near the $0.0385-$0.0400 range.

2. Enter only if volume supports recovery.

3. Use tight stop-loss to manage risk.

Next Move

If GALA stays below $0.0416, expect more downside towards $0.0350.

Breakout above $0.0430 could trigger a bullish rally.

Stay updated with market news and trends. Trade cautiously!

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