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🚨Note: There is a reward in my first article🚨📈
$GALA Currency Recommendations
For technical indicators:
Moving Averages (MA):
MA(7): 0.03440 (📊 Short-term signal).
MA(25): 0.03477 (⚖️ Medium term signal).
MA(99): 0.03512 (🏔️ Long term signal).
The current price (0.03454) is close to the 25 and 99-day averages, indicating a resistance zone (🚧).
Relative Strength Index (RSI):
RSI(6): 53.79 (📈).
The value is in a neutral range, indicating no overbought or oversold conditions (🔍).
MACD:
DIF: -0.00009.
DEA: -0.00006.
MACD: -0.00003.
MACD is showing convergence, which means the current trend is volatile with no strong up or down signals (⚠️).
Stochastic RSI:
%K: 52.60.
%D: 39.47.
The indicator is heading towards the upper band, which may indicate the beginning of an imminent bullish momentum (🚀). $GALA
Wm%R:
Value: -51.02.
The indicator points to the middle zone, which means neutrality in the market movement (⚖️).
2. Technical analysis:
Support:
First support: 0.03315 (🛡️).
Second support: 0.03276 (🛡️).
Resistance:
First resistance: 0.03512 (🚧).
Second resistance: 0.03611 (🎯).
3. Expected objectives:
Ascension scenario (📈):
If the price manages to break the resistance at 0.03512 steadily, the next target will be 0.03650 (🎯).
If the upward momentum increases, it may reach 0.03800 in the short term (🚀).
Landing scenario (📉):
If the support at 0.03315 is broken, we may see a drop towards 0.03200 (⚠️).
Continued decline may push the price to 0.03150 (📉).
4. Recommendations:
Short term (📊): Follow the break of resistance levels at 0.03512 to buy.$GALA
For Investors (💰): Wait for the price to reach strong support levels like 0.03276 to buy and hold in the medium term.
📉 Caution: The market is currently volatile, and it is preferable to trade with caution and adhere to risk management (🛡️).
📈 Opportunity: In the event of a clear break of resistance or support, you can benefit from the price movement (🔥).