$GALA /USDT is showing classic signs of a market bottom, priming it for a massive macro reversal! đ
A deep dive into the 1W chart reveals a highly technical structure playing out perfectly:
đ The Bottom is In: After a long corrective phase, $GALA found a strong floor at the macro support zone around $0.00160 - $0.00180.đ Bullish Inverted Head & Shoulders: The weekly price action has carved out a clear IH&S accumulation pattern, signaling a powerful shift from bearish to bullish momentum.đŻ The Fibonacci Target: With the breakout underway, the invalidation of the local downtrend sets a direct path toward the 0 Fib level at $0.00826.
If the broader market remains supportive, this represents a potential 300%+ rally from the current accumulation zone. Watch the weekly close for confirmation! đ
#gala #crypto #tradingview #altcoins #TechnicalAnalysis
A deep dive into the 1W chart reveals a highly technical structure playing out perfectly:
đ The Bottom is In: After a long corrective phase, $GALA found a strong floor at the macro support zone around $0.00160 - $0.00180.đ Bullish Inverted Head & Shoulders: The weekly price action has carved out a clear IH&S accumulation pattern, signaling a powerful shift from bearish to bullish momentum.đŻ The Fibonacci Target: With the breakout underway, the invalidation of the local downtrend sets a direct path toward the 0 Fib level at $0.00826.
If the broader market remains supportive, this represents a potential 300%+ rally from the current accumulation zone. Watch the weekly close for confirmation! đ
#gala #crypto #tradingview #altcoins #TechnicalAnalysis