MyCryptoParadise_Simon

GALA/USDT Bullish Prospects supply turned to demand? πŸ‘€ πŸš€

Long
BINANCE:GALAUSDT   GALA / TetherUS
πŸ’Ž Paradisers, turn your attention to #GALAUSDT as it's currently carving an intriguing path in the market. Demonstrating a shift where supply zones have turned into demand, it is lining up for a highly probable bullish movement.

πŸ’Ž A look back at #Gala recent trajectory shows a pattern of breaking out of a descending channel and initiating an upward trend. Adding to this, it is also tracing an ascending channel trajectory, reinforcing the likelihood of continued upward movement. With sustained momentum, GALA is aiming to challenge a major supply zone at $0.04907.

πŸ’Ž However, given the often volatile nature of the crypto market, #GALA traders should stay prepared for various possibilities. If it struggles to maintain its bullish momentum and falls below the current demand level of $0.02741, a shift in market dynamics may occur. In such a scenario, traders might need to focus on a bullish resurgence from a lower demand level of $0.02465.

πŸ’Ž Importantly, a descent below this lower demand level could signal potential difficulties in sustaining the bullish trend, necessitating a strategic reassessment. πŸŒ΄πŸ’°

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