GALAUSDT Potential Reversal ?
Hello Traders,
Before we start to discuss, I’ll be so glad if you share your opinion on this post’s comment section and hit the like button if you enjoyed it!
– GALAUSDT on 1D time frame chart has been in an downtrend since Feb 2022 , making lowers lows and lower highs yet it reached a very important support zone ( demand zone for buyers ) on 0.10000$-0.10650$ , buyers
should defend this zone in order for the price to maintain this level , noticeably this level of support held an interesting event back on November 16 2021 as we can see on the chart which confirm us that buyers have a
strong interest to buy at this zone.
– I suggest that $GALA will bounce back strongly from this strong level of support and an accumulation phase is possible , buyers are ready to take the price higher soon , buyers should reclaim soon old S/R level on
0.16418$ – 0.17772$ breaking the last swing low in order too see that buyers are willing to push the price higher and confirm the reversal meanwhile $GALA is still trading in bearish mode until we see our Trigger.
Good Luck Traders!

