$GALA / USDT – Short Squeeze at $0.02234! Bulls Eyeing a Recovery!
$1.625K worth of short positions got liquidated at $0.02234
A powerful short squeeze just took place as $GALA broke through resistance, and now price is consolidating in the key zone.
This could be the start of a bullish move if buyers continue to step in.
⚠️ KEY LEVELS TO WATCH:
• Support Zone: $0.0220 – $0.0225 (Needs to hold for a solid continuation move)
• 🎯 TP1: $0.0230
• 🎯 TP2: $0.0240
• 🎯 TP3: $0.0250
• 🛑 Stop Loss: Below $0.0215
Market Insight:
The short liquidations here could fuel a potential rally if demand picks up. Watch for confirmation in the form of bullish candles and rising volume.
Pro Tip:
Look for a bullish engulfing candle above $0.0225 with volume to confirm a safe entry for the next move.
$GALA just rattled the shorts—will the bulls keep pushing? Watch the price closely for clues!