$GALA is showing upward momentum after recently clearing a significant long liquidation of $4.3857K near $0.00612. This move wasn’t random — it acted as a shakeout, removing weak hands and allowing the market to reset. Once this downside liquidity was cleared, the price found a stable base, creating the conditions for a potential rebound.
After the liquidation, GALA failed to push lower, signaling that selling pressure is fading. Instead, buyers began stepping in, absorbing sell orders and preparing for a bullish move. Smart money often uses these liquidity sweeps to enter positions quietly before the price moves higher.
From a market structure perspective, GALA started forming higher lows on shorter timeframes, indicating a shift from bearish pressure to bullish control. Partial short covering adds extra buying pressure, reinforcing the upward move.
As long as price holds above the liquidation low, the bullish bias remains valid.
Trade Setup (Long)
Entry Zone: $0.00615 – $0.00630
Target 1: $0.00665
Target 2: $0.00705
Target 3: $0.00760
Stop Loss: $0.00595
Risk-to-Reward: Favorable, with a clearly defined invalidation below support.
Conclusion
GALA is moving up because:
Downside liquidity was cleared at $0.00612
Selling pressure weakened after liquidation
Buyers stepped in at a key support zone
Market structure is shifting bullish.
#WriteToEarnUpgrade #BinanceBlockchainWeek #BTCVSGOLD #TrumpTariffs #USCryptoStakingTaxReview
