$GALA /USDT 1H Analysis: What's Next for GALA? 🔥

Current Price: $0.03885 (-0.36%)

Trend Overview:

$GALA has rebounded from its recent low near $0.032, climbing nearly 20% to test resistance around $0.040 before experiencing a slight retracement. The current price action suggests potential consolidation or continuation, as short-term support is being tested.

Key Trade Levels:

Long Entry: $0.03800 (Buy the dip at support with a tight stop-loss)

Short Entry: $0.03950 (Short near resistance if rejection is confirmed)

Next Moves:

1. Bullish Case: A decisive break above $0.040 could propel the price toward $0.042 and $0.045, establishing a new higher high.

2. Bearish Case: A loss of $0.038 support may open the door for retests of $0.036 or the major support zone near $0.034.

Pro Tips:

Long-term traders might consider accumulating on pullbacks near $0.035.

Short-term traders are advised to secure partial profits above $0.040 and adjust stop-loss levels accordingly.

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