FieryTrading

🔥 GALA At Capitulation Low: Potential Bounce Ahead

Long
BINANCE:GALAUSDT   GALA / TetherUS
GALA is currently trading at a massive support. This support has been created during the LUNA-capitulation event almost two months ago, and has held strong ever since.

With BTC trading sideways and BTC dominance falling, I'd reckon that GALA will soon see a bullish move. Key is that BTC will not fall below $19k.

First target is the purple dynamic support, second target the blue dynamic support. With the market still being stressed I'd prefer to keep my targets close.

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