๐จ GALA/USDT: Another drop or a bounce soon? ๐๐
GALA is trading near $0.002179 on the 15-minute timeframe, after a clear drop from the $0.00223 area.
๐ What does the chart say?
๐ธ RSI at 43: buying momentum is still weak.
๐ธ Nearby support: $0.002167.
๐ธ Key support: $0.002154.
๐ธ First resistance: $0.002202.
๐ด SHORT scenario: A clear close below $0.002154 followed by a failed retest could open the way toward $0.002140, then $0.002120.
๐ข LONG scenario: A breakout above $0.002202 with strong trading volume could push the price toward $0.002219, then $0.002232.
โ ๏ธ Personally, I wouldnโt enter randomly in the middle of the range. Iโll wait for confirmation of a breakdown or breakout, because a false move could hit both directions.
What do you expect? Will GALA break support or make a sudden bounce? ๐
#CPIWatch #CryptoAnalysis #BinanceSquare #gala #altcoins $GALA
GALA is trading near $0.002179 on the 15-minute timeframe, after a clear drop from the $0.00223 area.
๐ What does the chart say?
๐ธ RSI at 43: buying momentum is still weak.
๐ธ Nearby support: $0.002167.
๐ธ Key support: $0.002154.
๐ธ First resistance: $0.002202.
๐ด SHORT scenario: A clear close below $0.002154 followed by a failed retest could open the way toward $0.002140, then $0.002120.
๐ข LONG scenario: A breakout above $0.002202 with strong trading volume could push the price toward $0.002219, then $0.002232.
โ ๏ธ Personally, I wouldnโt enter randomly in the middle of the range. Iโll wait for confirmation of a breakdown or breakout, because a false move could hit both directions.
What do you expect? Will GALA break support or make a sudden bounce? ๐
#CPIWatch #CryptoAnalysis #BinanceSquare #gala #altcoins $GALA