Gala Games (GALA) is currently positioned at a critical juncture, encountering resistance at $0.028 and facing potential support and resistance levels.
Key Points:
Resistance at $0.028: GALA is trading at $0.027, coinciding with the $0.0264 - $0.0289 resistance zone. This area has presented a challenge for the price.
Possible Retrace Scenario: There is a possibility of a small retracement, testing the next support at the bottom of the range around $0.0264.
Support Holding Potential: If the $0.0264 support level holds, it could set the stage for a potential rally to the upside.
Upside Targets: The potential upside targets include testing the $0.0289 resistance level and, if surpassed, aiming for the range of $0.035 - $0.038.
Key Points:
Resistance at $0.028: GALA is trading at $0.027, coinciding with the $0.0264 - $0.0289 resistance zone. This area has presented a challenge for the price.
Possible Retrace Scenario: There is a possibility of a small retracement, testing the next support at the bottom of the range around $0.0264.
Support Holding Potential: If the $0.0264 support level holds, it could set the stage for a potential rally to the upside.
Upside Targets: The potential upside targets include testing the $0.0289 resistance level and, if surpassed, aiming for the range of $0.035 - $0.038.
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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.
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.