Yun Kun June 11th GALA Analysis
1. Technical Analysis
GALA has been fluctuating at the bottom (between $0.014 and $0.018) for the past few months, showing signs of accumulation by big players. The current resistance levels are $0.025, $0.03, and $0.36, with a strong resistance at $0.07!
2. Macro Analysis
As a former star of blockchain games, GALA has shown significant gains during major market upswings, with increases of up to 300% in January 2023, February 2024, and November 2024. With the recent momentum driven by Bitcoin and Ethereum, this is a good time for positioning!
3. Strategy and Risks
Strategy: If you have idle capital, you can consider a light position at the current price ($0.0177), with a stop-loss at $0.014. The short-term take profit can be set above $0.025, the mid-term take profit around $0.036, and the long-term take profit near $0.07.
Risks: Since GALA is not a widely recognized coin, liquidity is scarce, so it's advisable to avoid large capital operations.
(Note: The above analysis does not constitute investment advice. The market is volatile, and strategies should be dynamically adjusted based on real-time data.) $GALA #加密市场反弹