Binance Family ā $GALA Market Update š
Market Structure:
ā¢ GALA is trying to establish a downtrend
ā¢ Price is below major MA resistance
ā¢ Momentum is currently weak
Outlook:
ā¢ Rejection below 0.0064 = downside pressure
ā¢ Range low retest possible
Trade Logic:
ā¢ Bearish higher timeframe trend
ā¢ MA resistance
ā¢ Weak recovery
SHORT Trade Setup:
Entry Zone: 0.00625 ā 0.00632
Target 1: 0.00600
Target 2: 0.00575
Target 3: 0.00550
Stop-Loss: 0.00680
GALAUSDT
Perp
0.00619
-1.27%