๐จ GALA: Oversold or Ready to Explode? ๐จ
GALA slipped nearly 2% in the last 24H, but the community buzz hasnโt died down โ in fact, it might just be heating up. Hereโs the breakdown ๐
๐ฅ The Bullish Case
Fractal Pattern: GALAโs chart mirrors IMXโs recent 43% rally โ breakout above $0.019 could trigger a +60% run ๐
GameFi Momentum: With blockchain gaming gaining traction, GALA sits in the sweet spot for the next big sector wave, with targets up to $0.038.
Oversold RSI: RSI at 23.32 = historically prime bounce zone โ
โ ๏ธ The Risks
EMA & MACD show short-term bearish momentum ๐
Price rejected at $0.01822, plus a heavy 622K USDT outflow signals strong selling pressure.
Bollinger Bands point to a possible downtrend continuation.
๐ Will GALA be the next GameFi giant breakout, or is the selling pressure too strong?
๐ This is not financial advice. Always DYOR.
