GALA/USDT Price Action| Lower Range| Trend| Volume

Evening Traders,

GALAUSDT’s immediate price action is trading towards a lower level of support that has confluence, allowing for a bullish bias,

Points to consider,
- Price Actin Corrective
- Lower Range Support
- Declining Volume
- RSI oversold

GALAUSDT’s immediate price action is corrective and is trading towards a level of support that has confluence with the range low and POC, allowing for a bullish bias.

The current volume profile is on a decline, an influx is highly imminent on the next expansion.

The RSI is current oversold, an oversold bounce play will be probable on the next expansion.

Overall, in my opinion, GALAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

“If you can’t take a small loss, sooner or later you will take the mother of all losses.” – Ed Seykota