#GALA/USDT – History Repeats? Another Bounce from Key Support #GALA
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 0.015100, which represents a strong support point.
We are heading for consolidation above the 100 moving average.
Entry price: 0.01500
First target: 0.01593
Second target: 0.01660
Third target: 0.01743
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
