AzizKhanZamani

GALA/USDT Price Action| Lower Range| Trend| Volume

Long
BINANCE:GALAUSDT   GALA / TetherUS
Evening Traders,

GALAUSDT’s immediate price action is trading towards a lower level of support that has confluence, allowing for a bullish bias,

Points to consider,
- Price Actin Corrective
- Lower Range Support
- Declining Volume
- RSI oversold

GALAUSDT’s immediate price action is corrective and is trading towards a level of support that has confluence with the range low and POC, allowing for a bullish bias.

The current volume profile is on a decline, an influx is highly imminent on the next expansion.

The RSI is current oversold, an oversold bounce play will be probable on the next expansion.

Overall, in my opinion, GALAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

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