🚀 GALA/USDT Technical Analysis & Price Targets
Current Price: $0.03944 (Up +24.14% in 24h)
As GALA continues to rally, let's break down the key technical levels and potential price targets for the pair:
📊 Key Technical Indicators:
EMA(7): $0.03640
EMA(25): $0.03228
EMA(99): $0.02805
The price is currently above the 7-day exponential moving average (EMA), suggesting bullish momentum in the short term. With GALA showing strength, let's look at three potential price targets:
Target 1: $0.04127
This is the 24-hour high, and if the upward momentum continues, this level could serve as the next resistance. A break above this could signal further gains for GALA.
Target 2: $0.04214
The market depth shows significant buy interest at this level, and it aligns closely with previous price action. If GALA pushes beyond $0.04127, this target could become the next logical resistance point.
Target 3: $0.04500
This level is not far from the current price but represents a psychological resistance. If bullish momentum persists, the $0.04500 area could act as a significant hurdle for GALA bulls to overcome.
🔍 24h Price Range:
High: $0.04127
Low: $0.03105
GALA has demonstrated impressive growth, and it is important to monitor the price action around these key levels.
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