GALAUSDT is currently consolidating within a box pattern, and a breakout appears imminent. A similar box pattern formed last year, which was followed by a strong upward rally—this setup is showing similar characteristics now.
Additionally, the 4-hour chart indicates a bullish wedge breakout, suggesting that the price is likely to test the upper resistance of the box. Whether it breaks through that level will be crucial to watch in the coming sessions.
Additionally, the 4-hour chart indicates a bullish wedge breakout, suggesting that the price is likely to test the upper resistance of the box. Whether it breaks through that level will be crucial to watch in the coming sessions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.