MyCryptoParadise

GALA/USDT is the possible the price bouncing and back to upward!

BINANCE:GALAUSDT   GALA / TetherUS
💎 The recent market dynamics surrounding #GALA have indeed been quite notable. Currently, the price is bouncing from the demand area, which is a positive indication.

💎 This bounce suggests potential upward momentum, with the price likely to test the resistance area next. If there is a successful breakout above the resistance, it could pave the way for further upward movement, potentially leading to a backtest of the strong resistance area.

💎 However, if GALA fails to bounce from the demand area and instead breaks down below it, this could signal a bearish scenario. Such a move could lead to continued downward momentum, with the next significant support level likely found at the support area.

💎 GALA must maintain support and reclaim the area above the demand to validate the bullish scenario. Failure to do so, especially if the support area is also breached, could confirm a bearish trend, potentially leading to further downward movement.

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