🚀 GALA/USDT Price Action Update – 1H Chart Analysis
$GALA is showing signs of life on the 1-hour timeframe, currently trading at $0.01869, up +0.54%. After a strong bullish impulse, price has entered a consolidation phase, hinting at a potential breakout setup.
📊 Key Observations:
- Bullish Momentum: The recent surge pushed GALA above short-term resistance, signaling renewed buying interest.
- Sideways Structure: Price is now ranging between $0.01820–$0.01890, forming a potential flag or pennant pattern.
- Volume Watch: A spike in volume could $GALA confirm the next directional move—keep an eye on breakout levels.
🔍 What to Watch Next:
- A breakout above $0.01890 could open the door to $0.01950+ targets.
- Failure to hold above $0.01820 may invite a retest of the $0.01780–$0.01750 support zone.
📈 Traders are eyeing this setup for short-term scalps and breakout plays. Stay nimble and manage risk accordingly.#gala #BinanceSquareFamily #Write2Earn #trader #BreakingCryptoNews