$GALA
A critical group formation will hold or break.
Gala has been riding through a series of sharp fluctuations, having dropped from a major high of $0.02242 to a major low of $0.01521. Currently, the price is hovering between a well-defined support area near $0.01685 and a resistance area near $0.01790.
Key price levels:
• Major high: $0.02242
• Highs: $0.01958 and $0.01913
• Major low: $0.01521
• Resistance area: ~ $0.01790
• Support area: ~ $0.01685
#Gala price action shows a bearish trend bias with consistently lower highs forming. As long as the support area holds, a short-term rebound is possible. However, a breakdown below $0.01685 could open the door to new lower levels.
Keep a close watch on this GALA group, as the next move is likely to set the tone for the coming days.