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The 1-hour timeframe showcases the GALA/USDT (Gala to Tether) price movement. At the moment, the price is trading around $0.03593, and the analysis suggests a potential bullish target near $0.05, indicating a 40.62% rise. The chart highlights a significant upward movement expectation with箭头. Support and resistance levels are marked on the chart (e.g., $0.04 support). The green trend line indicates an uptrend, and the blue zones represent resistance areas. The "Zero-Lag MA Trend Levels" and the current market dynamics suggest possible bullish momentum. If the support holds and resistance breaks, buyers might push prices higher. This setup is bullish but requires confirmation for the trade.
Bitcoin dominance (BTC.D) is at 58.23%, indicating a bearish trend on the 4-hour chart. It failed to sustain resistance above 58.8% and might drop to the 55% support zone for consolidation. We are insanely bullish on Altcoins now. ( Join my Binance live for premium crypto signals )
Trade Details:
Entry: Around 0.035 ( Join my Binance live for premium crypto signals )
TP: 0.050
SL: 0.031
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