$GALA GALA/USDT Chart Analysis (12h timeframe)

Current Price: $0.01564

24h Change: +2.09%

24h High / Low: $0.01589 / $0.01495

Trend: Gradual bullish continuation

Technical Indicators (summary):

Parabolic SAR: SAR dots are positioned beneath the price, maintaining a bullish trend signal with increasing strength.

MACD: Momentum is recovering. The MACD histogram is back in positive territory, and signal lines are widening, showing increasing upward momentum.

MA5 & MA10: Price is trading above both moving averages, which are now aligned upward, supporting continued bullish structure.

Volume: Accumulation remains healthy, with green bars consistently outweighing red, hinting at steady buyer interest.

Price Action:

#GALA has been building higher lows since bouncing from the $0.01195 level. The recent breakout through the $0.0150 area confirmed bullish intent, with price pushing toward $0.01589. Although not an explosive move, the controlled ascent with small-bodied candles reflects gradual demand and sustained upward pressure. No sharp wicks indicate that buyers are maintaining control near the highs.

Outlook:

Bullish scenario: Sustained price action above $0.01550 opens room for a test of the $0.01660–$0.01690 zone. If momentum remains aligned and MACD continues expanding, bulls may target the $0.01750 high next.

Bearish scenario: If price dips below $0.01520, short-term traders may take profits, potentially dragging the pair back toward the $0.01460–$0.01430 support cluster. A break below that would weaken the bullish structure.

Conclusion:

GALA/USDT is in a solid recovery phase after bottoming near $0.011. The steady rise, bullish MACD signals, and firm support at MA levels suggest continued upward movement, but bulls must defend $0.01520 to sustain the trend. Momentum remains favorable for a gradual climb.