MyCryptoParadise_Simon

GALA/USDT gearing up for significant move👀🚀GALA Today Analysis

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MyCryptoParadise_Simon Zaktualizowano   
BINANCE:GALAUSDT   GALA / TetherUS
💎Gala USDT is gearing up for a significant move. We've noticed that it's replicating a familiar descending channel pattern. Maintaining strong support will be a key indicator of its bullish momentum.

💎Another observation is that it's trading above the mitigated Order Block (OB). This suggests that the market is preparing for a major bullish surge after the fulfillment of these orders.

💎Additionally, Gala USDT is trading in a high-demand zone, which further supports the potential for a bullish move.

💎We might also witness a retest of the channel support before it takes off upwards.

💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!


Komentarz:
💎 From our previous analysis, GALAUSDT has been caught in a consolidation phase, yet we remain hopeful for a bullish surge as initially predicted.

💎 Amidst the observed market uncertainty, with Bitcoin experiencing a significant drop, it's noteworthy that GALA has demonstrated strong resilience, maintaining its position despite the volatility.

💎 The RSI remaining above 50 is indicative of the continuation of bullish momentum.

💎 Additionally, there's a supply zone containing an imbalance and an order block that needs to be addressed for further price action.

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