#TradeOfTheWeek gala is going to the moon | pandaGDZ on Binance Square

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#TradeOfTheWeek gala is going to the moon 

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GALA

0.01859

-4.81%

432

0

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Here’s a quick technical analysis based on your latest GALA/USDT chart (D1 timeframe): 1. Price Action: Current Price: $0.02035 24h Range: High of $0.02118 and Low of $0.01929 Volume: 959M — relatively high, indicating strong activity. 2. Candle Pattern Observation: After a strong bullish run (large green candles), we see: A rejection wick near $0.02445 (resistance zone). Followed by three red candles, indicating pullback or profit-taking. The last candle is green with a small body, showing indecision or a potential pause in the downtrend. 3. Support & Resistance: Support Levels: Around $0.01929 (last local low). Below that, around $0.01817 and $0.01630. Resistance Levels: Immediate resistance: ~$0.02118. Strong resistance: ~$0.02329 to $0.02445 (where price previously reversed). 4. Trend: Still uptrend in the short-term despite pullback. Bulls are trying to defend the $0.020 level. 5. What to Watch: If the price holds above $0.01979 and breaks above $0.02118, it could retest $0.023. If it drops below $0.01929 with volume, expect further downside towards $0.018. #GalaToMoon #TradeSignal

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