GALAX 3x Long / Tether

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GALAUSDT
GALA to $1? 🚀 Here's the technical case based on Price Action & Fibonacci:

📈 **Price Action Setup:**
A strong bullish flag is forming on the higher timeframes! The pole was the impulsive move from the $0.012 swing low. The current consolidation is the flag. A breakout above the $0.019 resistance could trigger the next major leg up.

📐 **Fibonacci Extension Targets:**
Measuring from the last major swing low to high:
• 1.618 Fib Level: **$0.085**
• 2.618 Fib Level: **$0.22**
• 3.618 Fib Level: **$0.38**
• 4.236 Fib Level: **$0.50**

For the **$1 target**, we are looking at a full parabolic continuation beyond standard Fib levels, mimicking previous bull run patterns. This would represent a break into a price discovery phase fueled by massive adoption in the #GameFi and #Metaverse space.

**Key levels to watch:**
⚡ Resistance: $0.019 -> $0.035 -> $0.05
🛡️ Support: $0.015 -> $0.012

The path to $1 is long and requires sustained bullish momentum, but the chart structure is building for something massive! The combination of a strong flag breakout and successive Fibonacci targets makes it a possibility.

#GALA #GALAUSDT #Crypto #Trading #PriceAction #Fibonacci

**Disclaimer:** This is not financial advice. Always do your own research (DYOR).


GALAUSDT
Quick read

Up-move from ~0.0156 to 0.01901 and a pullback to the 38.2% Fib ≈ 0.01690 (currently at/just below this level).

Above price, a resistance zone from MAs/DMAs: 0.01710–0.01727 (double intraday ceiling).

Next Fib levels: 0.5 = 0.01730, 0.618 = 0.01771, 0.786 = 0.01829. Impulse high: 0.01901.

1H RSI below 50, sliding toward 35–40 → short-term bearish momentum; potential bullish divergence on a fresh lower low.

Volume: strong sell push after the spike – now fading; a bounce needs rising green bars.

Key zones

Supports: 0.01690 (38.2%), 0.01640 (23.6%), 0.01600–0.01580 (1H demand), 0.01560 (liquidity target / marked on the chart).

Resistances: 0.01710–0.01727 (DMAs), 0.01730 (0.5 Fib), 0.01770–0.01790 (golden pocket), 0.01829 (0.786), 0.01848 (yellow line), 0.01901 (HH).

Scenarios

Reclaim and continuation higher (moderate probability)

Condition: 1H close > 0.01730 + RSI back > 50 with rising volume.

Path: 0.01730 → 0.01770–0.01790 (GP) → 0.01829 → 0.01848 → 0.01901.

Extensions if momentum returns: 1.272 ≈ 0.0194, 1.414 ≈ 0.0198.

Invalidation: drop back below 0.01690 after the breakout and rejection at 0.01710.

Continuation of the pullback lower (elevated probability while < 0.01710)

Losing 0.01690, then 0.01640 opens the way to 0.01600–0.01580.

Projection/liquidity target: 0.01560 (expect strong orders and a possible flush).

Confirmations: 1H close < 0.01640 + retest from below; RSI < 40 with increasing red volume.

Invalidation: reclaim 0.01710 and acceptance above.

Stop-run and reversal (structured knife catch)

Fast flush < 0.0160–0.0156, RSI prints HL (bullish divergence), hammer/engulfing candle and a quick reclaim > 0.01640.

Long setup on a 0.01640 retest with targets 0.01730 → 0.01770.

Invalidation: acceptance below 0.01580 on a 1H close.





GALAUSDT so that was the manipulation phase :P now we go long :D