$GALA Bullish Momentum Building!
Market Analysis
GALA/USDT is showing signs of bullish momentum, trading at $0.01742 (+1.69%). The price is approaching the key resistance at $0.01760, with strong buying pressure evident near $0.01742. The market structure suggests that bulls are stepping in, forming a base around this level.
A Break of Structure (BOS) was observed at $0.01735, indicating a shift in momentum. If buyers sustain control, we could see a move towards $0.01755 - $0.01760, confirming further upside potential.
Long Trade Setup
Entry: $0.01743
Stop Loss: $0.01730 (Below MSS level)
Take Profit: $0.01755 - $0.01760
Risk-Reward Ratio: Favorable setup with well-defined risk levels.