GALAUSDT — Holding the Last Fortres, Recovery or Final BreakdownGALA has been in a long-term downtrend since 2021, with heavy selling pressure pushing the price into a prolonged bottoming phase. However, one thing stands out: despite repeated tests, price continues to hold the strong demand zone between 0.0057 – 0.012 USDT. This zone has become the “last fortres
#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
#GALA/USDT — Holding the Last Fortres, Recovery or Final Break#GALA
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is 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
GALA/USDT Daily Outlook - bullish
• Price is still holding above the 0.618 Fibonacci zone.
• Harmonic analysis shows a bullish pattern completion, with price now consolidating above the Navarro200 level.
• Stoch RSI has reached oversold territory, signaling strong potential for reversal.
• Summary: Probability of an upside move
GALAUSDT 1D#GALA is moving inside a symmetrical triangle on the daily chart. Consider buying near the support level of:
🛡 $0.01421
In case of a breakout above the triangle resistance and the daily EMA200, the potential targets are:
🎯 $0.01950
🎯 $0.02188
🎯 $0.02426
🎯 $0.02766
🎯 $0.03198
In case of a breakdown
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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