Bullish Setup – GALA/USDT
GALA is displaying bullish signs as it is maintaining a strong demand zone, along with increasing ecosystem development and upcoming expansion drivers. Market sentiment is turning positive as buying interest emerges around the strong support level.
Trade Plan (20x Leverage):
Buy Price (BP): 0.00585 – 0.00595
Stop Loss (SL): 0.00550
Take Profit 1 (TP1): 0.00690
Take Profit 2 (TP2): 0.0230+
Price is indicating that the demand is absorbing the sell pressure at the support level. Momentum tools are showing signs of stabilization, thus making a bullish turn more likely. Risk-reward ratio is optimal as long as the price is above the demand zone.
GALAUSDT
Perp
0.00542
-6.22%