๐จ $GALA /USDT โ BEARS IN CONTROL! MORE DOWNSIDE AHEAD? ๐๐ฅ
The bears are tightening their grip as $GALA drops -2.99%, breaking key support levels and forming a Bearish Order Block (BOS). Are we about to see an even bigger dip, or will the bulls fight back? Letโs dive in!
๐ฐ Current Price: $0.01656
๐ Key Levels to Watch:
๐ธ Resistance: $0.01670 โ $0.01680
๐ธ Support: $0.01640 โ $0.01617
๐ Bearish Trade Setup:
๐ป Short Entry: Below $0.01660 (Rejection Confirmed)
๐ฏ Target 1: $0.01640
๐ฏ Target 2: $0.01617
๐ฏ Target 3: $0.01600
โ Stop Loss: $0.01675
๐ Bullish Reversal Setup:
โ Long Entry: Above $0.01685 (If Price Reclaims $0.01680)
๐ฏ Target 1: $0.01700
๐ฏ Target 2: $0.01720
โ Stop Loss: $0.01660
๐ Market Outlook:
๐น Breaking below $0.01660 could bring more downside pressure.
๐น A push above $0.01680 might trigger a strong reversal.
๐น Watch for FVG zones for possible price rejections.
โ ๏ธ Risk Management Tips:
โ Always use stop-losses to protect your capital.
โ Stick to your planโavoid emotional trading.
โ Secure profits at key support/resistance zones.
๐ฅ Will GALA keep falling, or is a bounce incoming? Drop your thoughts in the comments! ๐๐ฌ
๐ Like & Share if you want more in-depth market analysis! #GALA #CryptoTrading #Binance #BTC
