Technical Analysis for Currency $GALA
Current Price: 0.01754 USDT (+5.14% in 24 hours)
The currency registers a positive short-term performance after breaking the short-term moving averages EMA 7 and EMA 30, but it is still below EMA 200 at 0.01890 USDT, making this area an important resistance to watch.
🔹 Technical Signals:
• RSI at 56.6: leaning upwards and still in the neutral zone.
• MACD shows a positive crossover supporting the continuation of momentum.
🔹 Important Levels:
• Support: 0.01650 – 0.01590 USDT
• Resistance: 0.01890 – 0.02090 USDT
🎯 Potential Targets if the Uptrend Continues:
1. 0.01890 USDT (Testing EMA 200)
2. 0.02090 USDT (Previous High)
3. 0.02250 USDT if broken with strong trading volume
⚠️ Note: This analysis is not a buy or sell recommendation but an educational technical view. Failure to break 0.01890 may cause a quick correction.
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