GAL/USDT It shows potential price will bounce from the support!

5月6日

💎 Paradisers, #GAL is indeed a coin worthy of close attention.

💎 Currently trading within a bullish flag pattern, GAL shows potential for a bounce from the support area as it approaches the resistance trendline of the pattern.

💎 For confirmation of bullish momentum, GAL needs to break above the pattern's upper boundary around $4.5. A successful breakout could lead GAL to retest our target strong resistance area.

💎 However, if GAL fails to bounce from the support zone between $3.6 to $3.3 and breaks below it, this could signify bearish momentum, with GAL likely to trend lower towards the support trendline or the demand area around $2.5.

💎 The GAL must bounce from the demand area, as it represents a significant support level. Moreover, reclaiming a position above $3.6 is essential for GAL to sustain its upward trajectory and reach our target area.

💎 If GAL breaches the demand area, it would confirm bearish sentiment. Exiting positions might be prudent if GAL's candle closes below the demand zone, as this could indicate further downside potential.

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