RLinda

GALAUSDT ! Exit from consolidation down. Falling...

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BINANCE:GALAUSDT   GALA / TetherUS
GALAUSDT is a coin that continues to fall. There was an interesting moment on the chart regarding the level 0.14467. The market maker went all the way up, then those who sold were knocked out by stop loss, and hit the orders of those who bought for a breakdown. From 0.16000, the price is reversed and it falls, then those who bought are taken out by stop loss. All in all - classic big player move. No deep pullbacks. Resistance levels work out perfectly, and support breaks through.

The price has left the range of 0.101 - 0.0735 and is consolidating below the level. I think that the price may continue to fall. In the short term, I'm interested in the target - 0.0571. In the medium term - support 0.04379

Sincerely, R. Linda!

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