GALA Technical Analysis in Daily Timeframe
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Now, let’s dive into this chart analysis:
GALA is currently showing a rebound, holding support at $0.0205, and it is likely to rally once we see a breakout and close above the $0.033 resistance trendline.
The 35 EMA is acting as the primary resistance for GALA, and it must break above it to continue the rally.
Key levels:
- Crucial Support: $0.0205.
- Primary Resistance: 35 EMA ($0.02565).
- Resistance Trendline: $0.033.
- Target: $0.0867.
- Invalidation Point: A close below $0.0205.
DYOR, NFA.
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#PEACE
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
GALA is currently showing a rebound, holding support at $0.0205, and it is likely to rally once we see a breakout and close above the $0.033 resistance trendline.The 35 EMA is acting as the primary resistance for GALA, and it must break above it to continue the rally.
Key levels:
- Crucial Support: $0.0205.
- Primary Resistance: 35 EMA ($0.02565).
- Resistance Trendline: $0.033.
- Target: $0.0867.
- Invalidation Point: A close below $0.0205.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
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