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GAL/USDT Break Alert! Bullish Momentum for GAL continue upward.

BINANCE:GALUSDT   GAL / TetherUS
πŸ’Ž Paradisers, the recent market dynamics surrounding #GAL have been noteworthy.

πŸ’Ž GAL has successfully broken out of the resistance trendline, indicating a bullish momentum for its next movement.

πŸ’Ž There's potential for the price to first test the trendline around the 4.5 area before continuing its upward movement and attempting to break the local resistance at 5.05.

πŸ’Ž Alternatively, if GAL breaks the resistance directly without testing the trendline area, it could continue its upward trajectory and reach our target area of the Bearish OB and supply zone.

πŸ’Ž However, if GAL fails to bounce off the support trendline at 4.5 during the retesting phase, or if the price closes below the line, it could signal a retracement back to the Bullish OB area to establish new momentum.

πŸ’Ž The Bullish OB area holds significance, and if breached, the last bullish support lies within the $2.7 - $2.45 area. Should this support also be broken, it would confirm a bearish trend, potentially leading to further downward movement.

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