#GALAUSDT 1D
Saw a strong interest towards GALA, so I decided to break it down too.
They started pumping it yesterday, and at first it didn't seem like a strong impulse, but the whole market went up, so this reaction is a norm.
For more than half a year, GALA was in a downtrend, occasionally trying to break through. Now we see a
250d breakthrough + touching MA200, which is a rather serious statement.
Everyone who was shorting Gala yesterday was liquidated, and there were a lot of margin-calls, believe me.
When a coin breaks through such a trend, the structure is broken and the price can simply turn around and grow. With retests, but go further and further up.
Now you can go short for
1/5 of the highlighted deal. Or if there is a good retest you can gain longs.
GALA is overheated, so many went shorting it, keep in mind