Greetings, Traders,
GALAUSDT has officially entered a downtrend, presenting a solid opportunity for short positions.
I recommend entering a short trade below the $0.03150 price zone.
- Target 1: $0.03020
- Target 2: $0.02910
A stop-loss order placed above $0.03250 could be considered to manage potential risk
Following the breakdown below the key support level, as seen in the daily chart, a short position is favored.
This is not financial advice. Please do your research before making any trading decisions.
Exercise proper risk management and set a stop-loss order according to your risk tolerance.
Profitable trades to all!